Tag Archives: Soybeans
SX…Position Update
We are long a 25% position in November Soybeans @ 12.62
Miday Missive… W/Grain Trade Alert!
The Gilts and the Bunds have been the better performing Bond markets over the past couple of days. This has manifested itself into value traders buying the Dax. Trade location is key. Market participants are using the 8000 level to … Continue reading
A.M. Look 7/9/13
Stocks.. GLD…122.88-123.33 is resistance. Closing above this level will lead to a test of 125. AGQ…a close above 17 is needed for a try at 19. GDX…technicians will be looking for an upside breakout above 23.70 to hold and go … Continue reading
A.M. Look 6/12/13
Stocks.. Nikkei…is putting in a bottoming formation with an inverted head & shoulders on the daily charts. Last nights low of 12,990 has to hold for this pattern to be correct. Bonds… 30 Yr….can rally to 141.08 ( Sept.) and … Continue reading
A.M. Look 6/3/13
Grains… Soybeans are leading this rally as they led the first wave up 2 weeks ago. Corn is still at resistance, however we expect this to give way to a rally to just over $7. JJG…will be a good way … Continue reading
A.M. look 5/31/13
30 Yr. Bonds…could extend to 142.16 and reject. TBT…66.30 ish should line up with the 30 Yr. Futures today for first support. Spu’s…(S&P 500)1642 is the weekly closing level we’ve been watching. Weak below and firm above. EUR/JPY…closing under 130.10 … Continue reading
A.M. Look 5/30/13
JJG…as long as this maintains above 51.40 this formation is positive. A close over 53 will lead to a rally towards 54.40. CORN (FUND)…this is a weekly trend line break out above 41.70 going back to last August. CN…(July Corn … Continue reading
Soybeans…Trade Alert!
Sell 50% of your July Soybeans @ the market. Raise your trailing stop on the remainder of your position. We will use an OCO order for the remainder of the position. OCO.. Sell @ 14.53 stop Sell @ 14.97 ( … Continue reading
A.M.Look 5/21/13
AUD/USD….98.35-40 is resistance and the upside pivot. Buy stops for this swing are 98.80. Those short the Aussie should use a break above the aforementioned level as your trailing stop. GDX…28.75-29.20 is resistance. This is the field of broken dreams … Continue reading
Grains & TBT Follow Up…IBM
This is a Soybean and Corn show. There is no break out in the Wheat until it closes over $7. Our 1st tgt’s in the July Soybeans is 14.74 +- a couple. This should line up with 51.50-60 ish in … Continue reading