✅WHEAT fell down sharply But a strong support level was hit Thus as a rebound is already happening A move up towards the target shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Soybeans Fundamentals: Yesterday's weekly crop progress report showed the U.S. soybean crop is 88% planted, 70% emerged, and a Good/Excellent rating of 70%. There were no major surprises here. Yesterday's weekly export inspections report came in at 605,129 metric tons, well above the 365,455 last week and 141,320 we saw in the same week last year. Technicals:...
Corn Fundamentals: Yesterday’s weekly Crop Progress report showed corn is 97% planted, 88% emerged, and Good/Excellent conditions at 72%. All within the range of expectations. Yesterday’s weekly export inspections came in at 1,199,976. This was also within the range of expectations. Dr. Cordonnier increased Brazilian corn production by 3mmt to 110mmt. The USDA is...
Wheat Technicals (July): More of the same for wheat, as we continue to trade in a range, albeit a wide range. Wheat futures continue to chop around from about 1030 on the low end and 1100 on the high end. A breakout or breakdown from these levels could pop or drop the market 50 cents relatively quickly. Our bias is Neutral at the moment, but we would be looking to...
Monday’s Slaughter is estimated at 125,000. Unchanged from last week, but 8,000 more than the same week last year. Monday’s Cutout Values Choice: 270.54, Down .78 from the previous day. Select: 247.45, Down 1.44 from the previous day. Choice/Select Spread: 23.09 5 Area Average Cattle Price Live Steer: 140.14 Live Heifer: 138.35 Dressed Steer: 226.03 Dressed...
there is a long-term trend line that it's been broken already, I just marked the possible targets for the #short #position on the chart but be careful there's no confirmation yet,we still have to wait for it to see what will happen.
✅CORN has hit a key structure level Which implies a high likelihood of a move down As some market participants will be taking profit from their long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CORN has reached a massive horizontal resistance Which happens to be an all time high for the commodity And so we are already seeing a bearish reaction Which I think will continue and the price Will retest the local support below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Take 1% profit and exit...i will update you after.. keep supporting me Do at your own risk..crypto market is highly volatile
This morning with my students we discussed a great buying opportunity on Natural Gas. The market dropped to key daily structure support. On that, the price formed a tiny double bottom formation on 1H time frame. Taking into consideration that the market is trading in a sharp bullish trend, it can be a very nice confirmation to buy the...
CAPITALCOM:DE40 Falling Wedge Pattern (Weekly) The index is testing resistance of the falling wedge once again for 5 weeks in a row. Weekly candle close above 400 will indicate a breakout from the downward trend with a target of 16,200 if the breakout sustains. Good Luck!
Hello,Traders! WHEAT is retesting a horizontal level While trading below a rising trend-line And we are already seeing a bearish reaction So I think that the price will fall further down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
CBOT_MINI:YM1! Weekly View is Negative. Cloisng below 34,300 this week! Resistance: 34,400, 34,500, and 34,600 Support 34,300, and 33,770 Good Luck!
CBOT_MINI:YM1! trading in a tight range 34,440 and 34,580 since open. Resistances are 34580 and 34620 above which we expect CBOT_MINI:YM1! to move towards the 34740 levels. In the event, our support of 34440 breaks, we could test the 34350 support level. Watch the video for full details on the trading levels and range for today. Good Luck! Have a great...
$AR entering demand zone and a bearish orderblock, also forming a Head and shoulders on the H4 chart. Target at $27.8 or below. Also an imminent $BTC dump further strengthens the case for Bearish momentum
$AR entering demand zone and a bearish orderblock, also forming a Head and Shoulders on the H4 chart. Target at $27.8 or below. An imminent BTC dump further strengthens the case for a Bearish momentum
Hey traders, As I previously predicted, Gold nicely bounced from a key daily support. Even though the market was sharply bullish, I want to remind you that technically speaking the market is still consolidating. The market is still stuck within a horizontal trading range. 1750 - 1760 is its support. 1811 - 1818 is its resistance. To catch a bullish...
The end of the bull market is just started.... thanks to covid variants worries that afect inflation pressure made the market with high volatility downturn