Good afternoon friends! January of 2018 is a wrap! I figured a snapshot of more than a few commodity markets from 10,000 feet may be useful. As you can see in the case of the row crops, we have started to move but we have a long way we could go. Its easy to be… Read more.
Archives for January 2018
One the most popular and versatile tools of technical analysis is the moving average (MA). MAs are classified as “lagging” indicators, meaning that they trail the prevailing price and are studies of previously occurring price action. MAs are not intended to predict breakouts or forthcoming trends in the market. Instead, they are designed to identify… Read more.
NEW PODCAST | On this weeks podcast we talk about why HRW wheat is leading the market higher, why we think corn is still a range bound market, and why we think soybeans can trade in a $4.00 range in 2018. I also go over why we are bullish wheat in the long term (it… Read more.
HRW Wheat is leading the grain markets higher. Dry conditions, limited snow cover, and poor ratings have sent KC wheat up 50 cents in a week! SRW is up about 35 to 40 in the same time. Corn is up 10 cents as a follower. Soybeans have rallied but can’t break through the old highs. … Read more.
Today’s MDA Update: Published 1/30/18 8:45 am central: Traders, I am back in the office after a few days of hitting the slopes out west. We are seeing some great continuation in some markets, as well as, great new potential setups. Have a look at the bull/bear scanner updates below. BULLISH Write Up: (Chart Below)… Read more.
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Happy Monday friends “Covering” is the theme this morning as shorts scramble out of the CBOT markets and longs out of the cotton markets. The action over the last four days is almost a perfect inverse between the corn/wheat and cotton markets. Overnight, corn a penny higher and has extended even more as I write… Read more.
In last night’s Swing Trader’s Insight I labeled the EMini S&P as a breakout trade candidate for today. I used this call along with today’s early session pattern to ride the market higher today. Thursday’s bar was enough in of itself to give today’s breakout setup; the inside day, range contraction and doji bar all… Read more.
Join Scott Hoffman, Senior Broker and publisher of Swing Trader’s Insight for an introduction to his methods for swing trading and see how you can apply these simple but powerful concepts for your trading.
Event Time: 3:00 PM CT / 4:00 PM ET
Today was a Taylor Trading Sell Short day for the gold futures. There was an opportunity to sell overnight; a morning rally and selloff around President Trump’s US Dollar comments gave a second chance to sell. For Swing Trader’s Insight (STI) I had the gold futures labeled as a Sell Short day by the Taylor… Read more.