LEONES

LEONES

It seems that the Euro has peaked and now it is turning lower (reversal). If the 20MA holds as resistance I see a decline in the next few weeks. My first target would be 1.3100. 1.3200 level could find new buyers, so at that level I'm going to move the stop loss at the entry price (1.3360).

LEONES

Copper could move higher next week. Trend is up and MA is giving support. In the past two weeks the price has consolidated inside a triangle flag, I would buy at breakout with stop loss below friday low and target objective 3.8450 (resistance). Reward/risk ratio around 2. If it breaks to the downside it is a sell .

LEONES

After the low posted on 11Jan price has found resistance at 1500 and retraced to the current 1400-1430 level. Uptrend should resume at this point. Price is supported by the up-sloping parallel line and is inside the 0.618 Fib buy window. I would buy above 13 Feb high (1430) with target objective at next resistance area (1540). Ambitious but possible. If target is...

LEONES

Price is moving in downward channel since last October. I'm bullish at this point and I would enter long above today high (1662) with a short term target objective at the next resistance (1695). Risk/reward ratio of 2.64 is not bad. Any significant pullback at the upper line of the channel I would exit. In the long term we could retest the 1758 resistance (?)...

LEONES

Corn uptrend is resuming. Price is currently resting between the downward sloping trendline and the 20 exp moving average. A new upward movement is probable. I would buy above 734 with target objective 767. If target is not reached by the 5th of Feb I come out. Feed-back please!

LEONES

Price has formed a H&S pattern over the last four months. Trend is down. 86900 gave support three times, the fourth will probably not hold. Good time to short if the price doesn't consolidate longer. In the long term we could be aiming at 84000. Feedback please.

LEONES

Soybean posted a clear double bottom last Friday. This coincides with major support and long term trend line. I would buy above Friday high with a short term target at 1433. A bigger W formation is also forming in the chart but needs to be confirmed later. Feed back please!

LEONES

Trend clearly up but today price action seems suggesting a short entry below today low with short term target at 91.4 where the uptrend could resume. Feedback please, I like to know other people point of (trading)view.

LEONES

Trend is up but I think hogs are setting up for a sell soon. Friday inside day might be a sign. Support is at 82.58 where i'm planning to take profit. After that the market should run again. Feedback please!

LEONES

Natgas didn't manage to cross the 20MA. The trend is down and price is approaching a critical support area (see trend line). I'm selling at the trendline breakout with target in the next support area. Tight stop loss. Feedback please.

LEONES

Sugar is coming out of a long term wedge. This could be a change in trend. Buy at break out from the trendline with tight stop! Feedback comments appreciated!

LEONES

Bear flag formed recently. Price should fall for 2-3 days to another support area as indicated in the chart!

LEONES

Long term trendline is acting as support. Stochastic divergences noted in the last five days. Buy above today high with shrt temr target on the 20MA (1460) where a rest could happen, Stop loss as indicated. Above this target a second target is around 1550.

LEONES

Sell below today low around 460 protective stop above today high. This is a H&S pattern. A major trendline has been broken. Target objective as indicated, about the height of the head from the neck line. Feedback welcome!

LEONES

The trend is down. After 3days countertrend the price resumed the downtrend last friday 02/11/12. Sell below the swing low 84.60 with target next support level, 79.20. Risk as indicated in the chart. Feedbak/commnets appreciated.

LEONES

The corrective pull back lasted four days and found resistance at the 20EMA. Downward trend is going to resume. Sell the canadian dollar at 0.99680 with target at next support area.

LEONES

I would place a buy stop above today high, about 5110 with a stop loss below today low. Target 5469 (in two weeks?). Seasonal is bullish. this is normally the time of harvest lows. From a technical point of view this looks like a head and shoulder formation.

LEONES

Sell Yen at trendline breakout with min target objective at the first support area. Leave you feedback, good trading!