Tag Archives: Grains

Daily Market Intelligence 9/14/21

Sept Grains expire. Canadian Dollar expiry Oil needs to sustain for an upside breakout. Natgas had a big upside day which would not be something I’d chase. I have room for 5.50 but I would not recommend the chase. Spoo…simply … Continue reading

A.M. look 7/27/21

Google, FB, AMZN & AAPL make up 25% of the Spoo. Good luck shorting into earnings. Grains are showing bottoming patterns and buying interest overnight

A.M. Look 7/22/21

It’s shaping up to be a difficult day. Spoo’s are overextended into the overnight high. Mind the Pit gaps. Grains have lost their bid albeit Corn is still holding against the Yuan. The Canola Oil news out of Brazil is … Continue reading

A.M. Look 7/20/21

Grains came back last night. Gold is going in crypto as well as in FX terms. GoldinEuro needs to break above daily cloud resistance. Gold/YM hit daily could resistance @ its 50 DMA. On a relative basis its holding up. … Continue reading

A.M. Look 7/16/21

Spoo’s and Nasd are trading unchanged on the week. I have no interest in figuring out the Options machinations for today and how that will reflect on price in the Indices. Grains are in Play; A lot of smart people … Continue reading

Daily Market Intelligence 7/13/21

Spoo’s want to print just shy of 4400. Platinum rallied with Risk assets. Disney is putting in an ORH month. I featured it early in the room. CLF,TM & Cat were highlighted coming in. They all preformed well. Nvidia, NXPI … Continue reading

A.M. Look 7/2/21

Gold and the breakfast club (Grains) have a bid along with the Dollar. Spoo will need a close under 4286 for a high to be in place. Time frame trading and don’t fade the late flow.

A.M. look 6/18/21

Yesterday saw what happens to fundamental traders that know where the market is supposed to be. They were massively rinsed because they do not use stops. Their stop is when a PM taps them out. Soybeans and Wheat Put in … Continue reading

A.M. Look 6/17/21

Spoos held last night! Using the 50X3 for risk management. First chart is June 25X3. Sept must close above 4196 which is the┬ácontinuation weekly ORL. FX; Dollar bid is bigger than I would’ve thought. Gold has completed a 50% retrace … Continue reading

A.M. Look 6/8/21

Fastly outage in Europe, which shut down several websites, provided a small break in the Indices. Follow the money; Rouble and Peso are strong and so is their country ETF’s. Gold had a small back and fill. Using 1888 for … Continue reading