Technical Ag Knowledge VIDEO Analysis Dec 11

December 11, 2018 by Tom Dosdall

Good afternoon!

We’re still waiting to see if the “Hanging Man” in last week’s Soybean market leads to lower prices, or if China will step in with some major orders in the days ahead to spark a move higher. While remaining mindful of that, the pennant race is heating up in a few other markets, namely Corn (weekly), Oats, and Natural Gas.

In addition, here’s what else we look at in today’s video:

Nov 2019 Soybeans are on the upper end of a 5 month channel; Jan at horizontal resistance,
Dec 2019 Cotton catching multi-month support off the 200 day moving average,
March Feeder Cattle holds major support, rally back to the 200 day MA resistance in near future?
US Dollar holding trend line support, still bullish
Crude Oil stabilizes around 50.00
US stock market volatility continues, triple bottom DOW at 24300

Contact your broker to discuss your trading or hedging plan!

This article originally appeared in the Technical Ag Knowledge Newsletter “Pennant Race **VIDEO Chart Analysis**” at 12/11/18 03:17:26 PM.

Try Technical Ag Knowledge for 60 Days

Technical Ag Knowledge Trial - Whether you’re a producer, end user, or trader in the agricultural commodity markets, “Technical Ag Knowledge” will provide you with a crucial awareness of key technical price levels each week so you can manage your positions with conviction and confidence.

This material is conveyed as a solicitation for entering into a derivatives transaction.

This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.

Trade recommendations and profit/loss calculations may not include commissions and fees. Please consult your broker for details based on your trading arrangement and commission setup.

You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any third-party trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.

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