Moving averages are one of the most basic yet most meaningful indicators out there for potential price support or resistance, in my opinion. Another basic tool is trend lines. When they match up together, I’m taking notice.
Technical Ag Knowledge
“Index Funds” have the deepest pockets of anyone in the futures markets. That’s why it is so insightful to know how they are positioned relative to historical standards.
Bulls showed their jitters as hopes for a China trade deal cooled off, following a more positive tone earlier this week.
Technical trading or hedging opportunities are present in several of the markets (corn, soybeans, wheat, etc.) we follow.
Tomorrow could be a big day for price direction in agricultural commodity markets as USDA is set to deliver a heaping helping of data.
With USDA scheduled to release a big trove of data on Friday, is there some kind of message to read in this price action? We’ll take a closer look in today’s video
Take a fresh look at your current marketing positions in advance of a big dump of USDA and CFTC data hitting the market in the days ahead.
The daily charts look a lot like they did on Tuesday, as traders appear hesitant for the time being to break out one way or the other.
In the race to be the first to report a story, we’ve seen several media outlets erroneously report on the China/US trade situation recently.
“Buying the rumor” was prevalent again today in the grain/oilseed markets, particularly in the 11:00-12:30 CST time frame.