Support did not hold….time to get involved!
Is it time to GET LONG the US Dollar? You bet it is!!
Have a look at the 5 minute video below for my thoughts on the USD and GOLD
We got SHORT this market at 93.20 the week before Christmas on 12/18 looking for a dead cat bounce. And we got it!
We got LONG this market yesterday at 93.80 after the Wednesday candlestick.
If you didnt get involved yesterday…this morning is your 2nd chance Don’t miss it!!!
This is a sample entry from Tom Dosdall’s newsletter, Technical Ag Knowledge, published on Monday, November 13, 2017. Good morning – The Russian Ruble is at its weakest against the USD since August, which is expected to help fuel the strong Black Sea wheat export pace again this week. The trend line in Soybeans may… Read more.
This is a sample entry from Tom Dosdall’s newsletter, Technical Ag Knowledge, published on Tuesday October 27, 2017. Highlights from today’s video: US Dollar is trending bullish and above the 100 Day Simple Moving Average for the first time since March – creating a potential headwind for US export markets. Corn & Wheat both tested… Read more.
For the Week of October 16, 2017 This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service. Highlighting This Week’s Potential Breakouts: British Pound There is a 1-2-3 Top Formation setting up for… Read more.
With the congestion from mid-August providing resistance again, coupled with the Friday failed break-out rally with a lower close and the weak price action today …
This is a sample entry from Tom Dosdall’s newsletter, Technical Ag Knowledge, published on Tuesday October 3, 2017. Good morning! I wanted to get thoughts out quickly this AM on soybeans in particular as they look to be sitting on a precarious price level. Also touching on corn, wheat (all flavors), cattle, dairy, and the… Read more.