I like the idea of selling this market here, near 5.25 or better. We have been range bound on the chart over the past few months.
Markets to Watch
Technically Speaking: Markets You Should Be Watching Right Now!
This market had a nice run from roughly 31.00 to 33.00 over the past 2 weeks. The market looks to be turning over after fighting with the recent highs of 33.00 the past 4 days.
Technically Speaking: Markets You Should Be Watching Right Now!
As we start to see a hooking pattern develop in this market, I like the idea of buying this market here. The risk will be just under last week’s low to see if we get the bounce we are looking for.
Technically Speaking: Markets You Should Be Watching Right Now!
I am looking for this triple bottom to hold once again while risking 1.50 just under the most recent low points.
Technically Speaking: Markets You Should Be Watching Right Now!
Down over $100 in the past 7 weeks, Gold is finally seeing a bounce that has my attention.
Technically Speaking: Markets You Should Be Watching Right Now!
Interesting price action today. This morning at about 5am the market broke below the trendline.
Technically Speaking: Markets You Should Be Watching Right Now!
Are we seeing another Bear Flag in the Cocoa market?
Technically Speaking: Markets You Should Be Watching Right Now!
I sent out a Market To Watch late Friday afternoon mentioning the possibility of some downside pressure. We are open for the week now and I like the idea of getting short at this point.
Technically Speaking: Markets You Should Be Watching Right Now!
We saw a nice rally recently from sub-3.00 and it was rejected at old 340.0 support levels…
Technically Speaking: Markets You Should Be Watching Right Now!
December Cocoa is back at old levels of support here.