July COCOA: Big move higher today takes us to the upper range of this recent channel we have been trading in.
Markets to Watch
Early this morning I was looking at the 19.80 level to get involved. We then sold off by just about 80 points and that idea was re-adjusted.
Do we have a bounce set up in the Kansas City Wheat contract?
June 30 year T-BONDS: We are approaching a 4th attempt at 134’00
Contrarian play in the Cotton market?
A bounce in the 30 year Treasury Bonds?
Short term trade idea in the soybean market using the mini contract.
Stochastic rolling over…Let’s Get Involved!
July SOYBEAN OIL: I am looking at selling a bear flag and see if this MACD rejects the crossover.
Based on an upturn in the stochastics, I would like to get involved in this spread today.