Unless all other grains, rice has reached a new 52-week high.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators...
Food shortages may become an issue that drives prices higher. Looking to buy breakout in rice and target previous resistance zone.
beardiv this is a play for 4-16 weeks probably i'm a crypto person, or at least i've started to know the world of markets thanks to crypto. I want to be a player of all markets though, since I have more to gain than to lose by learning to successfuly trade traditional markets as well. I've looked and indeces and bigname stocks for some time just to follow and...
While eating some delicious rice pudding my friend Donna made i decided to take a look at the one day chart with tether on binance seeing as thats where most of the smart money is going as apposed to coinbase against the dollar. I wondered where we would be around the 2nd February when my dark chocolate almond milk expires.. it appears on the brink of the low and...
On top of that, hedge funds positioned themselves very long very quickly while producers took the other side.
Since 2002 rice has had 10 major demand levels. Nearly every single demand level occurred between March through May (planting season) with the exception of one in July 2010. Every time rice prices found a bottom between March through May, prices increased shortly after, often substantially. Below is a chart showing the daily triangle breaking out. This is an...
Trendline broken, and market formed a textbook flag above the broken line. For me a textbook buy signal is forming here. If you like to take a little bit more risk like me, buy here at 975 and place your stop at 957. Target would be the longterm trendline at 1060. This would result in a nice 5:1 Risk:Reward trade. If your looking for a more conservative...
If we stay above August 15th's low next week, we'll confirm a potential rally to 1108, so it'll be worth it to enter at market here, risking 0.5% and adding another 0.5% position at the close of next week, if the August 15th low isn't retested. Good luck! Ivan Labrie.
Interesting scenario approaching in rice futures on a long term basis either to the downside or a bottoming opportunity.
RunningAlpha dot com Capital Markets Intelligence High Priority Update for Monday, May 2nd, 2016 Although $39 and $36.50 remains baseline intermediate to long-term support for Light Crude Oil ( in reference to June Contract Pricing ), the recent advance upwards has opened the door for a further short covering rally upwards to $62 to $65, and perhaps $74 to $76...
As we are on the brink of the next cyclical recession food security has become more of a concern than ever. One can see the inverse correlation that rice has exhibited over the last 15 years being an extremely inelastic good as it is the most consumed grain in the world. In the last 14 years the value of this commodity future has gone up over 250% versus the most...