Boy, this seems to be holding up if this was bearish report. Someone is or seems to be taking everything. Do we need a reason? No, but maybe guys up the chain getting results like some of you have been saying? I like beanoil going forward, 3280 while sloppy but back over it again today. Here are a few charts of what is happening and some from a few days earlier to give perspective when you need a level. Check some of todays highs and lows into quarter end.
Hogs – oct gaining on dec both ways, V up 60 Z down 60c. Grains – OK, this may be changing in Corn as we now are knocking at yest high which would make this outside up day. I did have CZ 360.75 TL, 360 under now back over 362 1/2 red half way back. This may be a buy lower tonight if we can reverse up.
Beans had same type levels and tiny olive buys. 993 1/2 —992 1/2 are three levels. Wheat – Bounced 10c out of nice areas. Coffee – down 350 into green org 10950 10985, 10650 next lower. Gold- Currently holding olb1 today 1869.30, FSP 1866.30. 1856 still holding from last week. 1912 is green of these olive buys if looking to sell. Stocks – diamonds blaring on 48min. I do have few levels 3341, 3353. OH NASD is doing lower highs while epz still higher lows. That is rotation out of nasd into the EP which is S&P, Wow…corn is stiff. Corn has just turned around, going into qtr end is anyone's guess.
Corn – has taken out yest day high. on day 6 of lower highs.
Wednesdays are qtr end and going into it corn all of a sudden caught a nice bid off the TL supports by lows. Outside up day now.
Don't get taken out of the game at the exact time big trade opportunities happen. Trust me there. You need to be funded. Break hard, expect unexpected. What is an olive worth? To the right guy it's worth a million. Email Chart Priority available – I welcome anyone that wants to learn, even if not trading silly. That's even better isn't it? https://bit.ly/3iE4Tf8