Nikkei & Dax have led the Indices lower. DAX…9840 is first cloud support. I will be still be quoting June prices in the Indices until next Tuesday. AAPL is trading lower and price action and a close below 98.50 will … Continue reading
Daily Market Intelligence 6-10-16
Daily Market Intelligence 6-8-16
It’s going to be a commodity summer! If you’re not in the JJG or the Grain Futures concentrate on the related names. Wheat… AGU…95.30 is weekly resistance. POT… cloud resistance has come up a little to 17.35. MOS…Buy the next … Continue reading
Daily Market Intelligence 6-1-16
Daily Market Intelligence 5-31-16
Daily Market Intelligence 5-27-16
BHP is leading the miners for the past 2 days. I took a look yesterday but was sanguine the precious metals. Some asked about reloading on Long NUGT which didn’t jive at the time with my view that Equities would … Continue reading
Soybeans…are poking up above it’s 200 DMA. I am friendly to the grain pattern with an 8.88 closing stop. Let the day session get going after 9:30 CDT to see whether the pattern has legs. The general Dollar weakness is … Continue reading
Wheat, Soybeans & Gold is where the Money is going. Grains are trying to break out to the upside. Wait for the close for confirmation of strength. Soybeans Soybeans Weekly JJG