To some Pro’s but I am glad to here some of you bought some olives yesterday.
Quarter end, do you know your mark? I DO NOT LIKE SHORT GOLD THIS TIME UP. MAJOR T L BREAKOUT 1250 this week.
Things hitting everywhere before the report. Big fast, vertical moves, setup is now.
Look at the chart if you need a level. It doesn’t matter what it is, except if it is an olive colored line which are lows and highs right now, Gold also 1259 has one.
7 good OLIVE LINEs FLUSH clean cut labeled best levels on street in
I pointed out bean oil two weeks ago when it missed an olive line 31.65 buy by 4 ticks. Yesterday we broke all way back down and printed Nasdog’s OLB1 exactly, check your email.
Corn printed a very small, if looking olb2 on the low at 354.25. I didn’t post such small hedge fund type support due to USDA because did not know how aggressive any of you were but these charts unequivocally show smart funds use this approach as lows in beans was that big TL 9.69-67.6 DEPENDING ON YOUR TIME FRAME FOR TRADING, cited from 2009.
Wheat low 418.25, OLB1 418.75, less than 3 tick risk. Watch 415.25 on report? OLB1’s do hold but a mere 3 cents which is less than you may risk now anyway. I like this one
WHCH- March- 94c is tiny one, buy. Ask for those rules but nobody plays this, just color.
Crude held 47.01 now 2nd week early, up 2% now 48.15-ish.
Bonds had touch sloppy 151.19, 51.21 CBOT CQG, 152.02 high, stop over for sure. NOTES 124.26 as has been posted last week, OLS1 hit last week was OLS1 124.22, one tick off. 124.295 yest high. Must use stops over.
Meal- has 6 levels within $5.00. No comment just levels. Don’t trade meal, too much else at extreme’s
Soybeans- notice where bars that day, 1012.5 powder blue, then trendiness once broken, Hedge fund use as sell against. These are all same rules in construction. That’s why they are exact.
If you need to get hyped. These are the only times to trade. Leave the chop for those that look at a hypnotizing programmed screen all day, not recommended at all.