Tag Archives: Soybeans
A.M. Look 12/16/14
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
A.M. Look 12/15/14
Stocks… Spu’s…(DEC) the Mid 1990’s, which will be a retest of the 50 DMA and Gap we took off from in Oct. is the support level we bounced from last night. 2022 will remain a key pivotal level for the … Continue reading
A.M. Look 12/11/14
Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. Yesterday’s low was either the low for the rest of the week, and most likely the year, … Continue reading
A.M. Look 12/10/14
Stocks… Spu’s…need to close back over 2064 resistance to confirm higher.2037 is support. UNH…put in an ORH day. As long as this closes above 99.50 we’ll stay with this. Look for an initial run up to 104. DB…Deutsche Bank…31.00 is … Continue reading
A.M. Look 12/3/14
Stocks… DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Bonds … 30 Yr. Futures…the world is trading (H) March Bonds, however I’m in Dec Bonds which need to hold around 141.31 to avoid a further slide. FX… Euro…122.30 … 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.
Midday Missive
EURO…124.80 is resistance and the upside closing pivot for a move to 126. The current low looks to be pretty good. SOYBEANS…break out to the upside on a close over 10.50 for a move to just shy of $11. Equity … Continue reading
A.M. Look 11/7/14
Stocks… Spu’s… could go as low as 2009-12 without doing any pattern damage on a disappointing payrolls #. DAX…9310 is today’s 50 DMA XLY…Consumer Discretionary will get up and go over 68.10. Both XLE & DIG look good to me … 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