Technical Ag Knowledge: Video Analysis – February 14, 2019

February 14, 2019 by Tom Dosdall

Good afternoon!

Please note: CBOT markets will be closed on Monday, February 18 in observance of President’s Day. I will be taking some time away from the price charts Tuesday through Thursday, returning to the trade desk on Friday, February 22. There will be most likely be no video chart updates next week.

Well, here we go again!

Bulls showed their jitters as hopes for a China trade deal cooled off, following a more positive tone earlier this week. Good news for the corn and soybean bull camp is key support levels were tested and again held. SRW and HRW Wheat were not as fortunate, closing on a fresh contract lows despite seeing some better export demand this week.

National corn basis for corn and soybeans narrowed this week, while wheat widened.

Contact your broker to discuss your trading or hedging plan!

This article originally appeared in the Technical Ag Knowledge Newsletter “Here We Go Again **Video Chart Analysis**” on 02/14/19.

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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