Tag Archives: Corn
Day End General Comments
Many of you took a good piece or all of your shorts off at DR. Nenner’s 2218 Sept Nasd 100 level matching the 200 day mvg avg. and unchanged on the year in the Nasd. Levels like these are rarely … Continue reading
STOPS For Current Holdings
S&P,Russell,Midcap,Nasd…(whatever your chosen instruments) we are using stops over yesterdays futures highs on a closing basis to manage our shorts. TBT…same stop as yesterday 32.20 PAAS..Needs to hold right in here. Gold & Silver…The charts in both look vulnerable to … Continue reading
Why the TBT?… Corn sell order.
Early this a.m. we spoke of the need to watch the possible double top in the Bonds as a signal that the S&P would hold based off how the “Long SPU/Short Bond Spread” works. It’s a capital flow thing…Are investors putting money … Continue reading
CORN
Sell some of your Corn ETF @ the market. Do not wait for 48.60
JJG…CORN Etf’s…S&P
We are taking 2/3 rds of our JJG off at 59. CORN ETF… Take a piece off @ 48.60..if and when the JJG trades 59 you should be out of all remaining CORN positions SPM ( June S&P Futures) a close today … Continue reading
A.M. Look 6/9/11
This morning shows 127.19 to be a level of great interest in the (M) 30 yr. Bond. Price rejection at this level could lead to a double top pattern on the weekly. Bonds are getting into overbought territory. If this happens … Continue reading
USDA CROP REPORT…CORN, WHEAT,JJG
The crop report will be coming out tomorrow. The shorts appear to be on the run today. The Corn P&F sent Monday has not broken down. Wheat did not quite get to our optimal buy zone. Why am I going … Continue reading
A.M. Look 6/7/11
We had a swing and a miss in the Corn yesterday. At least it was over fast! Our plan is to keep selling the rallies in the equities. Currency traders should be very wary of selling any kind of weakness … Continue reading
CQG.. Corn ( July) all session_Point_&_Figure_25x3
Here is the Corn Point & figure.. This is a great visual. This is a 5 cent look at a level with defined risk. This is the type of Risk -Reward trading you want to do. This is a big … Continue reading