We see massive short potential in Coffee (KC) because it is extremely overbought and the entire Commitment of Traders report is screaming for a Short.
We want to go long in sugar if the latest high is broken. Our stop loss is pretty close. Alternatively, one can sell just Put options with a delta of 10-15.
We are going long in soybeans because of COT date and chart technical support.
This spread is called the Widow Maker and right now, you can see why this spread has its nickname. The extreme becomes more and more extreme. However, we think now is a good time to sell this spread. If you sell this spread then you are trading 2 things sell March buy April The goal is that the spread is tightening again.
We think it is worth to have an eye on this crack spread between gasoline and heating oil. The reason is simple: this spread is close to its lower end of the range and therefore close to its extreme. We will buy this spread when the spread reached -0.40. In this case, we buy RB and sell HO.
Anyone familiar with the Commitment of Traders Report knows that the commercials have reached an extreme range that leaves much room for rising prices. Added to this is that the chart image with the recently formed double bottom looks bullish. This is what a trade might look like: - Entry immediately - Stop Loss below the last local low - Take profit with multiple...
Keep an eye on this extraordinary extreme in the soy crush spread. This spread includes 3 futures: soybeans, soybean oil and soybean meal and to be exactly now it is time to sell this spread! What do you need to do to sell this spread? To sell this spread you have to make 3 transactions: BUY 1 soybeans contract SELL 1 soybean oil contract SELL 1 soybean...
This calendar spread is currently close to an extreme again. If you want to short this spread to exploit the mean reversion effect be careful because this specific spread (September/October) is only tradable until mid of August! A first take profit could be the level of $1 if you are conservative. If you are a bit more aggressive then you can close the trade at a...
This very interesting soybean crush spread is very close to its extremes and we think it is a good idea to short this spread. To do this, you need to buy 1 contract in soybean meal, 1 contract in soybean oil and buy 1 contract of soybeans. Our target is the level of 130 and we are willing to sell one more spread at the level of 180.
Micron Technology is a trending value stock (P/E under 7 with huge positive cash flow in an industry that is more relevant than ever thanks to the memory needs of our cloud AI and IoT world). On the next break upwards it can be a great buy after the recent downtrend (selling pressure from large shareholder Nanya that is selling for its own reasons that have little...
Micron Technology is what can be considered a value stock (P/E under 7 with large positive cashflow), even though skeptics stay away from the stock due to the cyclical nature of semiconductors (debatable in today's market situation due to high demand and industry consolidation). At the same time, the stock is in a strong upward trend on the higher timeframes,...
Dear mgrzegorzak, Thanks for your little request and sorry for late reply. Here is our analysis about sugar. For rising prices in Sugar indicates the following aspects: increasing trend line CoT report of the Non Commercials Seasonlality current support at 13,70
Currently, EURUSD is in a shoulder-head shoulder pattern. If this formation is confirmed and the neckline breaks, the first profit target is at 1.1700. If you trade this pattern by mirroring the height at the neckline, the target is even 1.1500.
After a clear rally, Gold finally reached the support again. Almost every gold trader has the level of 1,300 on the screen and in this area, there is an enormous number of orders, on the one hand stops for all traders that are already long positioned, but also pending orders for long trades. In addition, the level of 1,300 hits the 38 Fibonacci level. Every...
The Japanese yen is currently at a multiple tested support range at 0.00900. Here you have to look more closely and there are several possibilities: 1. Direct long positioning and stop loss under the support area 2. Wait for a stronger counter-move (for example higher closing price than the opening price yesterday) and then long positioning. Stop loss put under...
In Nikkei, the signs are pointing downwards. There are several signals that indicate falling prices in the Nikkei. On the one hand, the repeatedly tested resistance could not be overcome and on the other hand, the CCI also issued a sales signal. As a stop loss, the 19,800 is quite good and as a take profit 19,300 is a good choice. This results in an excellent...
Yesterday, a beautiful evening star completed at a resistance level, which resulted in a distinctive swing low from July 2012. Also, the CCI turned again under the +100. Only the volume does not play quite well because no increasing volume will be seen in the down move. However, this formation was confirmed with lower prices than yesterday.
Harvey had hit the United States hard, causing serious damage. Now Irma stands almost on the doorstep and could put another one on it. But if Irma Florida should still miss, the damage should not be as high as currently expected in many places. HD increased strongly and opened an up gap after another. But the momentum and dynamic have been weakening and a nice...