ElliottWave-Forecast - ElliottWave-Forecast - 14 mins ago
Best reading of Elliott wave cyclessuggests rally to 7091.7 ended wave ((w)). The Index is currently in wave ((x)) pullback as a double three where wave (w) ended at 6892 and wave (x) ended at 7040. While bounces stay below 7040, and more importantly below 7091.7,expect more downside in wave (y)... (full story)
Last week the US shipped out a little over 100 million bushels of soybeans. This was a record export week and export sales continue to roll in. With strong export demand what does this mean for prices going forward? (full story)
Bob Hunt - The Pattern Trapper - Tue Oct 25, 5:56PM CDT
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness.... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.