Technical Ag Knowledge: Video Analysis – January 3, 2019

January 3, 2019 by Tom Dosdall

Good afternoon!

Happy New Year to all of our clients and paid subscribers. I am sure that the 2019 markets will bring many opportunities to learn and improve on our trading and hedging strategies, and glad to have you along for the ride.

If you are not yet a client of ours and you like what we provide, what better time to give us a call and start a relationship?

Several of the markets we track closely are “holding the line” as trading commences for 2019, despite the lack of government data from USDA due to the partial government shutdown.

Hard Red Wheat leads grains to the upside today, bouncing back from contract lows and a low RSI, key test coming up at the 50 day moving average;
March Corn holds trend line support drawn off September lows, next test 3.85
Dec Corn approaching multi month resistance at 200 day moving average;
March Soymeal and Soybeans follow suit, holding the trend line support keeps mildly bullish technical posture;
Milk producers have hedging opportunity in summer/fall months;
Are Feeders the Leaders? Feeders break trend line support, Fats hold;
Dec Cotton in free-fall but RSI 19.2 extreme oversold
Opportunity in Rough Rice with China opening up to US imports for first time?

Contact your broker to discuss your trading or hedging plan!

This article originally appeared in the Technical Ag Knowledge Newsletter “Holding the Line **VIDEO Chart Analysis**” on 01/03/19.

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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