Type : Bearish Continuation Resistance : 791'0 Pivot: 784'6 Support : 769'4 Preferred Case: With price expected to reverse off the ichimoku resistance, we have a bearish bias that price will drop to our 1st support in line with the horizontal swing low support from our pivot of 784'6 in line with the horizontal swing high support and 38.2% Fibonacci retracement....
Type : Bearish Continuation Resistance : 785'4 Pivot: 777'0 Support : 767'2 Preferred Case: With the ichimoku indicating some bearish momentum, we have a bearish bias that price will drop to our 1st support in line with the 78.6% Fibonacci retracement and horizontal pullback support from our pivot of 767'2 in line with the horizontal pullback support from our...
Type : Bearish Continuation Resistance : 783'4 Pivot: 778'0 Support : 767'2 Preferred Case: With the ichimoku indicating some bearish momentum, we have a bearish bias that price will drop to our 1st support in line with the 78.6% Fibonacci retracement and horizontal pullback support from our pivot of 778'0 in line with the horizontal pullback support....
Type : Bearish Continuation Resistance: 794'0 Pivot: 790'0 Support : 783'4 Preferred case: With price expected to reverse off the resistance of the ichimoku cloud, we see a potential bearish continuation from our pivot level which is in line with 23.6% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of in line with the...
CORN ETF LCOR 2X WISDOMTREE A trade made by LS MASTER TRADING SYSTEM
Corn – 3mo Continuous: Comparing our current Bull market with the previous 4 major bull markets of the past 50 years. Previous price action on charts are often used for support and resistance. I like to look at rate of change during certain periods. Currently the 24 mo ROC is at 140% and compares to the 95-96 and the 11-12 rally’s. The previous all time high...
Hi guys this is john the forex guy. After a few months of refining and twerking my plan approach I'm back guys. I believe corn futures will soon sell this is based on the the fact that we are at a psychological supply area but what come to light through my team member is that corn is really over supplied in the world looking deeper these following few months will...
expecting a move higher to complete wave ((v)) of 5, key levels to note ( 753 - 813.6 ).
Type : Bearish Continuation Resistance: 807'4 Pivot: 800'2 Support : 789'6 Preferred case: With price moving below the ichimoku cloud and the descending channel, we see a potential bearish continuation from our pivot level of 800'2 which is in line with 38.2% Fibonacci retracement and horizontal overlap resistance towards our 1st support level of 789'6 which is in...
Type: Bearish Momentum Resistance: 814'4 Pivot: 807'4 Support: 795'4 Preferred case: We see the potential for a bearish dip from our pivot level at 807'4 in line with 38.2% Fibonacci retracement towards our 1st support level at 795'4 in line with 50% Fibonacci retracement, 61.8% Fibonacci projection and -27.2% Fibonacci expansion. Alternative scenario:...
upside focus remains, looking for more upside to complete wave 5.
Both the measured Cup move & the measure bullish flag move targets 976. Russian invasion may escalate & further worsen the commodity crisis like wheat, corn, fertilizer & metals like palladium, uranium & platinum. Not trading advice
$CORN $ZC1! futures currently consolidating above previous resistance turned support. Bull flag setup from a TA perspective. Will long closer to support for another leg up.
Main Pattern: Weekly Rounding Bottom?? Confirmation Pattern: Daily Rectangle
There has been a lot of talk since the Ukraine - Russia war started that the rising prices in the agricultural sector will cause a new Bear Cycle in the stock market. Commodities have been rising across the globe as a result of an inflation build up in recent years, accelerated by the COVID pandemic, but with agriculturals in particular, the story is a little...
Short Signal Entry LMT - 135.350 TP#1 - 131.600 SL - 138.600 **Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not indicative of future results**
Type : Bearish Reversal Resistance: 778'0 Pivot: 772'6 Support : 762'0 Preferred case: We see the potential for a bearish reversal from our pivot at 772'6 in line with 61.8% Fibonacci retracement towards our 1st support at 762'0 in line with 78.6% Fibonacci retracement and 100% Fibonacci projection. Our bearish bias is supported by the stochastic indicator where...
March comes in like a lion and goes out like a lamb, and April showers bring May flowers. In the northern hemisphere, farmers are now planting the crops that will feed the world after the fall harvest season. Mother Nature is typically the primary determinate of agricultural products as the weather conditions determine if there will be enough supplies to feed the...