Tag Archives: Grains
A.M. Look 5/12/16
Daily Market Intelligence 5-12-16
A.M. Look 3/28/16
Stocks… The indices have done their thing both ways over the past 2 Globex sessions. From the 200 DMA in the Spu’s @ 2012 to 2040 closing resistance. Closing over 2040 is needed for a 30 point swing up into … Continue reading
The Late Show
Catching up. SPU’s…bottomed @ the 200 DMA yesterday. A close tomorrow over the 50 DMA @ 12041 (126.50 SSO) is needed to confirm a low. OIL…just hit it’s initial upside tgt @ 54.00 EURO…any price action over 115.10 is too … Continue reading
JJG…Trade Alert!
BUY JJG @ 36.95 Stop On Close Wheat needs a close over 5.425 for an ORH day. JJG needs a close over 36.88 for an ORH day. I’ll buy the strength in the JJG with a confirming chart pattern, hence … Continue reading
JJG…TRADE ALERT!
BUY JJG Market On Close! Wheat has put in an ORH day. Beans look good and primed for a rally.
A.M. Look 11/5/14
Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Nasd 100… 4100-20 is support and the closing downside pivot zone.. Nikkei…could retrace … Continue reading
A.M. Look 10/30/14
Stocks… Spu’s…price action under 1960 support is needed to unnerve the Bulls. Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. … Continue reading
The Late Show
SPU’s …need back over 1974-6 for price recovery today. 30 Yr. Bonds… went into support. So far both the Nasd 100 & S&P 500 did not get low enough for longer term pattern damage. The last 30 minutes of trading … Continue reading
A.M. Look 10/29/14
Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading
A.M. Look 10/24/14
Stocks… Spu’s…got to resistance @ 1956 with a good reaction off the level. Point & Figure chart shows Bears need to see sustained price action under 1928-30 for lower. Nasd 100…shows small support @ 3962 with sell stops @ 1339.50. … Continue reading