See technical analysis that led to the trade in the August 2019 Soymeal.
When it comes to futures analysis, there are two primary schools of thought: fundamental and technical. Each discipline has legions of dedicated followers who eagerly engage the market every day from unique vantage points. No matter a trader’s size or style, any adopted methodologies are rooted in either fundamental or technical analysis.
A key aspect of any approach to futures trading is trend analysis. Being able to identify when a directional move in price is gaining steam or nearing exhaustion is a valuable skill for active traders. This is one area where technical analysis can be extremely valuable ― identifying and trading trending markets. Two popular tools… Read more.
See technical analysis that led to the trade in the May 2019 Kansas City Wheat
Triple top formation spotted in April 2019 Platinum. See the technical chart levels from The Cullen Outlook.
Time to TAKE ACTION on this familiar resistance? I think so!
In modern futures trading, technical analysis garners respect from market participants around the globe. It really doesn’t matter if you’re trading soybeans, natural gas, or the E-mini Dow ― price action itself drives the strategy of countless retail traders. The popularity of technical analytics has given rise to a vast catalog of indicators designed for… Read more.
We have been trading this range in Soymeal for a while now and I like the idea of getting back involved to the upside. Time to go to work AGAIN!
We are seeing some reversal price action this morning in feeder cattle
Is this market getting ready for a bounce to the upside? Have a look at the highlighted RSI.