Midday Missive

Energy has been ripping all A.M.

APC...Anadarko is breaking out above its oscillator.
61 is the risk to own.

VLO acts well. The weekly chart which looks better than the daily, shows room to 105.80.

Facebook had an daily oscillator breakout this A.M.
Look for 162.40 for resistance which matches up with the bottom of the weekly cloud.

11:00 A.M. crop report.

The May & July Soybeans volume is almost evenly split.

Raise your trailing stop in (K) May Beans to 10.40.
This would lock in app 50 cent gain from my trade recommendation last week.



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