Tag Archives: Soybeans
Price Action
You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading
A.M. Look 1/19/11
Good Morning and welcome to this months episode of Full Moon Trading. Today I have four levels of interest. 1) Euro @ 135…this is a potential double top level on a monthly chart. This is a low risk level to … Continue reading
A.M. Look 1/13/11
EUR/CHF has been the feature last night as it has been running the Euro for the past week. How big of a correction will this turn into? There could be 2 more figures in this cross or 10 depending upon … Continue reading
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)Â Soybeans. As … Continue reading
A.M. Look 1/10/11
I do not see much to do this a.m. Let the day unfold. The Silver needs price action over last night’s high to show new strength while Gold keeps rejecting 1378. The March Soybeans are back to the 1350-60 level. … Continue reading
FCX,GOLD,Soybeans
A weekly close below 117 in FCX will put in a outside reversal pattern to the downside. This is a price negative pattern. A weekly close for Feb. Gold futures below 1378.40 would put in a similar pattern here. Soybeans..13.664 … Continue reading
A.M. Look 12/28/10
Euro…This dog put in an outside reversal day to the upside yesterday. This coupled with a monthly double bottom pattern still intact from 129.70 puts this on buy the breaks mode. According to Dr. Nenner this currency bottoms this week … Continue reading