Tag Archives: Grains

Market Alert! – Wheat formed bullish reaction swing, will it confirm the buy signal? [chart] – swing trade strategies, swing trade signals, price action, action reaction, market timing, futures trading

July Wheat formed a bullish five-wave continuation pattern between April 25, 2011 and the May 13, 2011 reversal date. The market posted pivot low on the May 13th reversal date and turned higher, followed by three higher price bars and a close above the 20-day EMA. The price action was followed by a pullback to… read more

Swing Trading strategies – July Wheat sets up for new price move. – swing trade signals, price action, action reaction, reversal dates

July Wheat competed a downward trending 5-wave continuation pattern between the April 25, 2011 and May 12, 2o11 reversal dates, with a pivot low at $7.23. The market tested the lower parallel line support on the May 12th reversal date and turned higher. The pivot low was followed by a strong two and half day… read more

Grains Called Higher : Futures Trading Brokerage, Futures Broker, Commodity Trading Brokerage, Commodity Broker

Wheat called 12 to 15 cents higher Soybeans called 8 to 10 cents higher Corn called 10 to 12 cents higher Rain makes grain but you have to have it planted before that happens Also very good exports sale  … read more