Tag Archives: jjg
JJG…Grains
Looks like the crop report came out a little early!!! The JJG having put in an outside reversal week to the downside last week,now has a potential weekly double bottom @ 51 matching the 13.50-60 level in the (H) Soybeans. As … Continue reading
JJG
JJg just double topped at 50.50 on the daily charts. A close under 49.42 will be a liquidation of this position. Take the 10+% and forget it.
Price action and stops
Spu has a short term destiny with a 1225 print. A close under 1220 spu today would signal a short term top in the equity markets. Lighten up all long exposure with a close under this level. JJG…the stop is … Continue reading
A.M. Look 12/2/10
Core positions are presently long TBT,Aussie,Smh or Soxx index,YCS (short yen) and long JJG ( grain etf) Many of you have key long Gold and Silver holdings with a smattering of miners and selected oil stocks. Stay the course. It … Continue reading
A.M. Look 12/1/10
Today going into tomorrow we’re going to find out what chart patterns are real. Last night’s low in the Aussie @ 95.37 is one of the big tells on the board. Macro stops will be building below and should act … Continue reading
Grains and JJG
I’ve been waiting for a break in the soybeans to the 11.40 area and the JJG to the 42.50-43.50 area. As of now I don’t see it, so I am putting on a portion of the JJG Etf with a stop just below today’s … Continue reading
A.M. Look 11/22/10
For now the news is out of the way on Ireland. The European traders have treated the news as “sell the fact” after the big rallies last night in the equities and currencies. The U.S. Bond reaction was quite muted. So … Continue reading
Full Moon Trading
Food for thought.. Sunday night brings us to another episode of Full Moon Trading. Once again a good part of the world gets out their Ouija boards and decides which way they want to place their bets. Simply put, it’s … Continue reading
peripheral currencies Usd/Brl….Usd/Rar, 11/10/10, 10:46am
Yesterday was a day of outside reversal lower closes in so many asset classes I can’t keep up. Corn,Wheat…Silver ..Gold…Depending which chart ( all sessions or Pit) Spu to name a few. Then there are the miners and the list goes … Continue reading