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.
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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.
I am looking for this triple bottom to hold once again while risking 1.50 just under the most recent low points.
Down over $100 in the past 7 weeks, Gold is finally seeing a bounce that has my attention.
Turn-around Tuesday in full swing for stocks and grains! It is already setting up to to be an exciting day with alot of action across the board. Get your hard hat on and let’s get to work!
In my opinion, here is the best looking chart to start your day…
I have just 3 markets today. Crude and Gold both look promising but I would prefer to watch them for another day or so.
Interesting price action today. This morning at about 5am the market broke below the trendline.
Fast and furious this morning. Short, sweet and to the point. There are more SOFT markets below than usual, but that is only a coincidence. These are the best charts and formations that I am looking at right now and they happen to be in the SOFTS.