This 3060 level will be VERY key. Cocoa was able to find a bit of support earlier in the week but that is being tested again right now! Check out this chart and look at the room left to run if support here does not hold.
Stock market looking weak here as we are coming off of 3 straight days of positive price action. Perhaps we are due for a bit of a reversal.
After a 5 day, 300 point sell-off…today we saw some support near a familiar 77.00 level!
Well what do we have here? A Bullish Hammer in the US Dollar of course!
Here are a few trade ideas using options that I am looking at as we head into May. Check them out!
Euro trade idea ahead of the FOMC
Old resistance is new support in the Euro. Keep an eye on this important level over the next few trading sessions!
2.70 is the line in the sand! Check it out…
I love the look of this Live Cattle chart! Is this a good time to buy call options?