Tag Archives: Soybeans
A.M. Look 4/28/21
The specter of higher rates is having a deleterious effect on the metals. Gold needs a 1760 print for a reversal on the 100X3. Grain charts set up differently on the DC (K) and the ADC (N). It’s hard to … Continue reading
A.M. Look 4/22/21
Grains & Etherium are the feature. Bitcoin revisited the Matrix last night and held. Pattern recognition names; DAL, LUV, ENFR, BOTZ, ARKQ, PBJ, NOVA, RUN, GPP, SPWR The above are worthy of a look as all have possible bottoming patterns. … Continue reading
A.M. Look 4/20/21
Profit taking started just before London. Spoo/Bond made a higher high last night failing just shy of its .618 target. This is the only chart I’m watching for follow through. Spoo’s finally put in that pesky 50X3 reversal last night … Continue reading
A.M. Look 4/19/21
30 Yr. Bond Futures are sitting on their 200 WMA with the daily Yield @ its 50 DMA; waiting to discern new direction. Copper and the miners are up. Gold is enticing, however I’m not interested in chasing strength. Will look … Continue reading
Daily Market Intelligence 3/25/21
Daily Market Intelligence 3:25:21
Daily Market Intelligence 3/11/21
Daily Market Intelligence 3:11:21
Daily Market Intelligence 2/26/21
Daily Market Intelligence 2:26:21
A.M. Look 2/9/21
Blockchain, Pot and Grains today. Beans still look poised for higher based in Real or Yuan. Spoo’s need a little back and fill which is not happening. 3893.75 is needed to relieve short-term direction. Platinum reached the initial target area … Continue reading
Daily Market Intelligence 2/9/21
Daily Market Intelligence 2:9:21
A.M. Look 1/26/21
Spoo’s held half day momentum on last nights low. I still need sustained and closing price action above the target and last nights high of 3856.75. Soybeans and Wheat held weekly momentum Monday. That is the risk to be long.