Tag Archives: Grains

Daily Market Intelligence 2/2/21

Daily Market Intelligence 2:2:21

A.M. Look 1/27/21

Grains are firm with Asian buyers. Indices are weak with the Spoo’s just above momentum support @ 3797-3800. 3775 is the reversal # on the 100X3. Bitcoin is sitting on momentum. Further weakness in the Indices could see further liquidation. … Continue reading

A.M. Look 1/13/21

It’s just the beginning of the year and I feel if as if it’s the end of last. Amazing how the send buttons work. Your DMI should be in your in box. Corn & Wheat joined the Soybean rally last … Continue reading

Daily Market Intelligence 12/10/20

Daily Market Intelligence 12-10-20

A.M. Look 12/2/20

Grains are starting to look interesting again. Corn has an ugly weekly pattern.   Beans…coming into support in Yuan and Real terms. I’d like to wait a bit to see if we can get them another 20 cents lower. Conclusion; … Continue reading

A.M. Look 11/20/20

Grains are bid. Copper is approaching its target and major Fib. It’s on the sheet. Platinum/Gold extends. Four Republican Senators, led by Romney, seem to have had enough of Trump’s antics. That would bode well for Biden to have a … Continue reading

A.M. Look 11/18/20

It’s Wednesday and it’s a Risk on world. BA & Target are leading. Riot, the dog of blockchain, is up another 10+% as traders look for lottos in the crypto world. Spoo’s…big hold last night just above unchanged on the … Continue reading

Daily Market Intelligence 11/13/20

Daily Market Intelligence 11-13-20

A.M. Look 11/12/20

Russian grain export data is hitting the Grains. Gold…1873.30 is the point of control. It’s the weekly ORL# Spoo…3537.50 is the reversal # on the 50X3. Close but no cigar. There is enough on the news front for the algos … Continue reading

A.M. Look 11/3/20

Spoo’s are completing a move I thought would happen yesterday. Spoo’s have that pesky Pit gap to contend with as well as the channel on the 100X3. Grains are bid. The Dollar reversed the past few days of strength moving … Continue reading