Watch the 240 Minute Chart Tomorrow | Technical Ag Knowledge

July 18, 2018 by Tom Dosdall

This is a sample entry from Tom Dosdall’s newsletter, Technical Ag Knowledge, published on Tuesday, June 17, 2018.

Are Soybeans and Corn Close to Breaking Through the 50 Day Moving Average?

Good afternoon!

Soybeans closed higher for a 2nd straight day today. The last time that happened was May 22-23 when the price on November futures was 10.4850! Two dollars and -19% later, we finally see buyers showing some interest again. In addition to this, in today’s video we’re taking a look at:

The KEY 50 day moving average level on the 240 minute charts. Corn and Soybeans have not spent any meaningful amount of time above this moving average since the lofty prices seen at the end of May. Are they close to breaking through now?
A closer look at the burdensome US soybean ending stocks scenario
2018/19 Corn stocks to usage expected to be tightest in 45 years (assuming trend line yields)
KC Wheat resistance above a the 200 day moving average
August Cattle has defined a channel with trend line support/resistance
Crude oil drops back to its critical support area near the 100 day moving average and holds.

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About Tom Dosdall

Tom has supported traders and investors worldwide across all dt execution categories. With the understanding that each client is independent of another, Tom has shown an ability to listen to the needs of each and match them with the service or product that best suits their circumstances.

If you are a self-directed trader, you can expect objective guidance on finding the right balance between price and value. That might mean anything from finding a sharp platform to help you do what you already know you want to do or providing consultation on some of the most cutting edge trading indicators on the market.

If you are more of a “hands off” investor, ask Tom about the network of professional advisors that he has come across over his years in the industry. Once he can get a feel for your risk tolerance and objectives he can help you to deploy a program.

Are you somewhere in between fully hands on and fully hands off? Consider how you can leverage Tom’s experience for your benefit in a broker-assisted relationship. Together, you will analyze the markets that you are most interested in and come up with a trading plan that you are comfortable and confident with.

In summary, his goal is twofold: to ensure that each client he works with is guided with the resources needed to trade with confidence and that they are equipped with the knowledge and comfort needed to grow as an investor in the new global economy. Tom holds a Bachelor of Arts degree from Colgate University.

Market Perspective: 80% technical 20% fundamental