Currently viewing the tag: "Technical Analysis"

Morning Grains 10/24/14

On October 24, 2014 - 10:18 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 357,308 lots, or 16.02 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 – – – 4,316 4,316 4,316 0 0 16 Jan-15 4,510 4,550 4,498 4,500 4,472 4,520 48 252,084 357,020 Mar-15 – – – 4,465 4,418 [...]

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Morning Softs 10/24/14

On October 24, 2014 - 10:15 AM By

COTTON General Comments: Futures closed mixed. An up tick in export sales supported December, but the rest of the months closed with small losses. The weather is good as most US production areas are now dry and harvesting should be very active. Bolls are open on much of the crop and should finish opening within [...]

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In the overnight electronic session the December Corn is currently trading at 364 which is 4 ¼ cents higher. The trading range has been 365 to 358 ¾ so far. Harvesting and yields are the dynamic to this current swing in the market and today November Options expire. This could create a surprise move in [...]

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Financials: Dec. Bonds are currently 20 higher at 142’11, 10 Yr. Notes 8 higher at 127’08 and the 5 Yr. Note 4 higher at 120’01.2. Need to know: On Wednesday June Bonds rallied sharply jumping more than 10’00 points to above 151’00, as the rest of the market was more or less unchanged. The June [...]

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Oil Sick. The Energy Report 10/24/14

On October 24, 2014 - 7:59 AM By

Short term and long term demand fears sink oil making the charts look a little sick. Oil tried to rally only to fail in the face of weakling demand expectations and reports of Ebola in New York City. The market seemed to rally after a misinterpreted report on Saudi oil production. While the report suggested [...]

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Morning Grains 10/23/14

On October 23, 2014 - 9:44 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 234,872 lots, or 10.42 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,281 4,380 4,250 4,300 4,310 4,316 6 12 16 Jan-15 4,466 4,490 4,445 4,485 4,480 4,472 -8 163,670 372,776 Mar-15 4,442 4,460 4,369 4,391 4,444 [...]

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Morning Softs 10/23/14

On October 23, 2014 - 9:10 AM By

COTTON General Comments: Futures closed mixed as there was little news to push prices in either direction. The weather is good as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest pace is ahead of last year and close to the five year average. [...]

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After the selloff in yesterday’s open out-cries session the weather is weighing on traders’ minds as we sold off the highs settling lower on the day. The forecast in the coming days is prognosticating better weather which will put farmers in the field working overtime catching up on harvest which is slow this year in [...]

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Overcome. The Energy Report 10/23/14

On October 23, 2014 - 7:56 AM By

Oil prices tried to overcome a huge 7.1 million barrel increase in oil supply but could not in the face of another act of terror and fears of declining demand. U.S. oil production is showing no signs of slowing as production surged above 9 million barrels per day. This comes as refiners struggled as maintence and [...]

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Morning Grains 10/22/14

On October 22, 2014 - 10:09 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 261,976 lots, or 11.63 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,250 4,380 4,250 4,300 4,301 4,310 9 6 16 Jan-15 4,492 4,511 4,462 4,481 4,476 4,480 4 163,544 369,036 Mar-15 – – – 4,444 4,441 [...]

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Morning Softs 10/22/14

On October 22, 2014 - 9:11 AM By

COTTON General Comments: Futures closed slightly higher after trading both sides of unchanged. The weather is much improved as most US production areas are now dry and harvesting should be very active. USDA showed good progress, and the harvest is ahead of last year and close to the five year average. Bolls are open on [...]

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The Grains continue to rally as farmers are having a tough time to be ahead of harvesting this season. Better weather is forecasted for  the upcoming days and the farmers will be ramping up to plat catch up and should put a dent in  the shortcomings which should squelch the current upswing and induce harvest [...]

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