Trade the rotation MOS,FLR AGU, POT SQ Square anything into 40 is a place to pay for your trade. 41 starts mvg avg resistance 30 Yr. Bonds…no top picking until late tomorrow morning. FLR… … Continue reading
Dow names have been leading again today. Natgas names should remain strong into this afternoons Futures expiration. Agri names BUNGE, AGU, POT & MOS have been bought on today’s rotation. SQUARE could rebound as high as 44.50, its momentum breakdown … Continue reading
Full MOON Sunday Night. Daylight Savings in the U.S. this weekend. London does not change their clocks until later in the month. A hot payrolls # is expected. Spu’s..cloud momentum comes in @ 2377.50 (H) It would take sustained price … Continue reading
AGU & POT have had big rips above their 200 DMA’s They’ve both just hit mvg avg resistance. I would not be looking for more follow through at this time.
The Agri names have a bit of a bid. POT & AGU have sold off the most and are now trading at their respective 200 DMA’s SMH …is going sideways. This could take up leadership. Gold..looks sick. Pending a … Continue reading
Agri names have caught a bid this A.M. with POT,MON,BG, & AGU at or showing Outside reversal Higher days. In my opinion none of these names are worth the chase without another day or two of price action. There is … Continue reading
Daily Market Intelligence 7-14-16
POT…is putting in a bottoming pattern. 18.08 is its 200DMA. AGU…by holding above 90.30, look for a 92 print
Daily Market Intelligence 6-7-16
It’s going to be a commodity summer! If you’re not in the JJG or the Grain Futures concentrate on the related names. Wheat… AGU…95.30 is weekly resistance. POT… cloud resistance has come up a little to 17.35. MOS…Buy the next … Continue reading