Last week, the commodities sector experienced more than a speed bump after an extended period of price appreciation. As July soybeans roll to the next active month and the new crop November contract in the futures market, the price became a falling knife before recovering on Friday, June 18. Beans tank They were not the only commodities A Fed hint made its...
Commodity prices are still going, several commodities have gone past all time highs, such as Palladium, Lumber, Steel... And grains are also going up very strongly, Corn hit an 8 year high after 6 years of price stability, and they're all not far from ATH. Corn imports have fallen as buyers are put off by the high prices (they are going against the trend, what if...
This is the type of inflation that the masses ignore, that happens while they cheer at Chavez stimulus checks. Look at images of Venezuela 15 years ago, so many smiles, so happy crowds. While Germans were carrying buckets of cash and starving actually farmers were doing pretty well, they profited greatly. Probably for similar reasons the clueless revolutionaries...
CBOT:ZS1! . Looks like it's headed >$15000, rather relentlessly. This very well could get up there something like this;
#long #soyabean But 1220 area Stop 1190 exect Target 1490 Soyabean gave breakout in weekly and monthly too Dollar is making lower low so this trade have 95 percent probability to hit the target
Sell from 1667.00 and 1183.00, stop 1200.00, target 1068.00
It has been a long time since my last Soybean forecast. It is time to pay attention to this market. It is setting up for the decline. Commercials are heavily selling, the seasonal tendency is to the downside, and Insider Accumulation is turning bearish. So, if on Monday we get below Friday’s low, that will be a sell signal. However, it seems like it will take more...
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We have observed several forces acting as a brake and pushing the price above the red down trending line. But a very strong squeeze front last tops have seen the market being inconsistent with its which to move upwards. The two horizontal black lines are the new tops and bottoms of the horizontal trending range. We could observe during this week a market which...
We already talked about coming decline in Soybean and finally, we are close to an entry. Commercials are heavily short and evaluation index shows Soybean is overvalued. If on Monday, we break below Friday’s low to form a lower high, that’s our entry. Otherway, wait till trendline breaks.
Clear over under pattern on the Weekly. Weekly closing strong-bullish in 1day+ Look to buy after weekly candle close with a Target of the supply overhead.
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 work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
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 work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
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 work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Looking at how the Soybean Futures have reacted very negatively since the signing of the Phase One China deal on the 15th of January, it doesn't seem that there is much expectation that this deal will drive any meaningful increase in purchases. It will be interesting to see how they react as we enter a traditionally bullish seasonal period at the end of the month.
The SOYBNUSD, symbol ZS, is in a Bear Market Rally within a long-term Bear Market with price trading above the 50 week ema, but below the 200 and 800 week emas. The long term emas are mostly flat, signaling accumulation / distribution. The price action appears to be finishing up the c-wave of an x-wave before a final y-wave down. The long upwards candle wicks,...