Tag Archives: Corn
A.M. Look 8/29/11
General Comments…. There is nothing new to speak off this a.m. All eyes are focused on Friday. Model Trading Portfolio …………….. Stop Close Profit Points Long XCO 6.80 8.40/9.00 / 11 Long Gold Long GLD Long EUO/Short … Continue reading
A.M. Look 8/28/12
Silver…30.50 is the 200 day. 29.54-65 is Fib and mvg avg support. Gold…(Z) 1658-53.10 will be a tough area for initiating any kind of position either long or short. 1643.90 is the Dec 200 day. The front month and the … Continue reading
A.M. Look 8/20/12
30 yr. Bonds…145.04 ( possible double bottom on the weekly), 144.20 ( 200 day mvg avg), 143.25 are the levels to coming down. Bunds..141.09 is 1/2 way back on the year. Italian Bonds…102.14-34…possible double top area on the monthly chart. … Continue reading
A.M. Look 8/15/12
Spu’s…need sustained and closing price action under 1389 for this move to be confirmed. 30 yr. Bonds…overnight saw the mid 146’s as an initial reaction zone. This was a previous high that gave us a couple of 8 point moves. … Continue reading
A.M. Look 8/14/12
Spu’s…the March hi was 1419.75. Pay attention to this level for the next market set up. 30 yr. Bonds…this is a “sell the rallies” until proven wrong off the Spu/Bond spread. Closing and sustained price action below 148.08 should lead … Continue reading
Grains
Wheat..a close below 8.98 puts in an ORL day. CORN… 8.10 These are key support levels that have to hold to keep the rally intact! Closing below these levels will mean we’ve likely seen the highs for a while.
A.M. Look 7/16/12
Soybeans…(X) Nov. we’re looking for a 16.30 print. Sustaining over 16.50 could lead to another dollar up. Corn…7.55 will be pivotal. Natgas…closing above 2.95 or under 2.70 is needed for a breakout. Cotton…put in an ORH week by closing over … Continue reading
The Grains have Blown Off!
There could be one more wiggle back up next week, however today’s price actions shows this should be it for a while.