So here is a typical page of charts, 8 in all meat complexes. For chart service clients if we are close, I mark then up, and might letter like here go further into showing people how you can read this newspaper, with a decent chance anyday, to have a chance if your direction is right, to sell or have stops to even open a position.
FC here had a rancher want to reshort, his level was 136.37 in the chart. I also mentioned 100 above. I had another few prices to sell against in this case. Well the lower one was high, the offer unfortunately the higher one. The pattern in FCX is LOWER HIGHS, very concisely laid out on the chart if you know what to look for. So this client chart reader had the right level today as a high. There is so much quality information. This is only if you want to learn from charts with all the homework on it. One good idea can be worth a year in 6-8 weeks like we have just seen in grains. Funds long most ever? Look at these beans crashing 24cents 10:16am, 2nd bar of selling this am.
I threw a meal chart that has done OLIVE CHACHA. THIS IS A HUGE MOVE – From OLB #1 — 288.00 up to 372.00 OR ABOUT $9,000 A ONE LOT. Did I have olive recommendations in charts? Heck yes I did. Nobody knew this huge rally would happen, or did they.
Over the weekend there must have been 20 charts in everything from oilshare, meal, bitcoin and all the commodities you trade of course. Comments below but I say farmers should get liquid now, this rally, olives and a few other indicators. Data science math stuff. I think risk is lower at any time. Maybe now. Did BOZ just tag olive sell? See either my website which has had levels posted much ahead of time or clients that sign up for renewal? I put those in email priority so it comes to your phone.
Here we have one with 8 charts, lines, homework ready for stop placement, trading. VIP great package to get what you need. Check dollar in pg4 named chart. Tiny olive. I have talked years about how big players buy it when nobody wants it, LH FC LC by lows, corn split olive, 3.28 was 6cents sloppy but 3.22 was big thick Support TL, OLB lower. The 6,000 future guy. Big players take it all? I did.
HOGS LOOK TOPPY NOW DEC NEW HIGH STOP. NO MESSING AROUND, LOWER HIGHS, STOP OVER LAST BAR. So I try to teach about tighter risk not for commission sake at all. While looking at this chart think where else can I learn, even if not trading of which you will learn more. Where can you learn nifty rules in such a high stakes game? Lets now see today how these stock market olive sells play. NOTHING CAST IN STONE, NO COWBOY BLOW YOUR WADS. Educated trades during massive swings of 50%. then back depending on what we are talking.
Dairy? Wow, feeders on the ropes here, 132.26 my next level if this fails. NASD makes new high, your out, back under, if bearish try again, new high stop.
Have a nice day, hope to be in your inbox soon. https://bit.ly/3iE4Tf8