Tag Archives: Wheat Futures
A.M. Look 12/10/20
Everyone seems to be waiting for today’s inflation #’s. Lagarde has a press conference @ 7:30 CDT. Wheat…resistance starts @ 5.95-6.00 25X3 point & figure shows a 6.08 extreme. Spoo’s…have put in lower highs all night. The hourly will take … Continue reading
A.M. Look 3/17/14
Stocks… Nasd 100…(H)…. 3595-3605 is the cover zone for shorts, right into the 50 day mvg avg support zone. Buy stops are @ 3661 with 3675 first resistance. Spu’s…(H) currently need over 1853.00 for a recovery. Spu/Bonds… are currently trading … Continue reading
Midday Missive….Grains…Bonds/TLT…Silver
Futures traders can buy any weakness in the Wheat or Corn against today’s low. THESE ORDERS ARE TRADER’S DISCRETION “DRT” 30 yr. Bonds…a close below 143.01 is needed for an ORL day. The better chart to watch is the TLT. … Continue reading
JJG…Wheat…Oil & Metals
A close today for the July Wheat above 6.74 will have us buy a 50% position back in this ETF…There are several reasons for getting back in. 1) The risk on scenario, 2) The chart pattern is similar to the … Continue reading
A.m. Look 6/7/11
First a BIG Thank you for the hospitality and warm welcome shown by the San Francisco Traders Association this past week. I should be able to focus by Thursday! We would also like to thank the Mad Hedge Fund Trader ( … Continue reading