Currently viewing the tag: "Technical Analysis"

Morning Grains 1/29/15

On January 29, 2015 - 10:39 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 246,662 lots, or 10.77 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Mar-15 4,350 4,367 4,307 4,354 4,375 4,343 -32 26 126 May-15 4,415 4,421 4,350 4,364 4,430 4,371 -59 212,272 209,296 Jul-15 4,349 4,349 4,339 4,339 4,396 [...]

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Morning Softs 1/29/15

On January 29, 2015 - 10:36 AM By

COTTON General Comments: Futures closed higher as some short covering was seen ahead of the USDA export sales reports today. The export sales reports for Upland Cotton have been very strong for the last two weeks. Ideas are that overall demand is starting to improve on the current low prices, with domestic mills more interested [...]

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Reports this morning are Export Sales and Initial Jobless Claims at 7:30 A.M., EIA Gas Storage at 9:30 A.M. and Pending Home Sales at 11:00 A.M. The Crude Oil broke hard after the FED had spoken. Although it did hold the $44 level. If we break through that support level, “Katie bar the door”! In [...]

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Oil prices are trying to balance record supply of oil and dwindling storage space versus what could be the biggest drop in energy capital spending cuts in history. Royal Dutch Shell said they would cut  spending by 15 billion over the next three years and Royal Dutch Shell’s chief Executive, Ben van Beurden, signaled that [...]

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Morning Grains 1/27/15

On January 28, 2015 - 11:10 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 59,018 lots, or 2.61 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Mar-15 4,385 4,385 4,370 4,370 4,379 4,375 -4 12 126 May-15 4,440 4,450 4,412 4,418 4,429 4,430 1 49,192 203,628 Jul-15 – – – 4,396 4,396 [...]

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Morning Softs 1/28/15

On January 28, 2015 - 10:02 AM By

COTTON General Comments: Futures closed near unchanged. Some news that India is ready to offer Cotton into the world market was considered negative early, but the selling did not last long as the US Dollar fell apart. Economic worries returned after some por earnings reports were seen in the stock market. Ideas are that overall [...]

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In a world gone wild with no foreign policy that makes sense and no domestic policy either. The administration after pinpointing a refuge in Alaska against the State’s wishes now is proposing an offshore Oil operation in the Atlantic. From Virginia to Georgia while a less populated and less traveled (traffic) in Alaska makes more [...]

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Financials: Mar. Bonds are currently 1 lower at 149’16, 10 Year Notes fractionally higher at 129’21.5 and 5 Yr. Notes unchanged at 120’18.2. If you were a seller in Bonds in the 150’15 area either take profits or lower your buy stop to the 150’06 level ahead of the FOMC early this afternoon. We still [...]

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Cease Fire? The Energy Report 1/28/15

On January 28, 2015 - 7:50 AM By

Is OPEC getting ready to declare a cease fire in the oil production wars? OPEC Secretary-General Abdullah al-Badri said that a bottom in oil may be near and high level rumors of meetings between OPEC and Non-OPEC members are creating speculation that there may be some type of agreement in the works to curtail production. [...]

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  Ahead Of The FED! With The Average Joe! Todd Horwitz [PRICE Links Video] Recorded 1/27/2015 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the [...]

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AGMASTER Report 1/27/15

On January 27, 2015 - 11:57 AM By

Written 1/25/15 MAR BEANS After breaching the bottom end of a 2 ½ month trading range (1000-1080) Last week, Mar Beans continued under pressure this week – losing 19 cents. A super Strong dollar, a much improved weather outlook in South America & shockingly low exports On Friday all fueled the down. On the plus [...]

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Morning Grains 1/27/15

On January 27, 2015 - 11:02 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 81,582 lots, or 3.60 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Mar-15 4,408 4,408 4,350 4,350 4,378 4,379 1 12 122 May-15 4,395 4,465 4,393 4,440 4,414 4,429 15 65,310 203,284 Jul-15 – – – 4,396 4,396 [...]

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