kelt Posted February 16, 2010 Author Share Posted February 16, 2010 Nice move this morning. Well done on wheat. Corn close to breaking resistance. Worth keeping an eye on. Link to comment Share on other sites More sharing options...
kelt Posted February 16, 2010 Author Share Posted February 16, 2010 I have only looked at a couple of sites, but there seems to be some good info. http://www.grainfarmer.com/grainmarkets.htm Link to comment Share on other sites More sharing options...
early birds Posted February 17, 2010 Share Posted February 17, 2010 you guys are more focued on commodities. so, here is my question. is lumber soft commodity or hard commodity?? little confused with it. {should be hard commodity?? all nails, bolt, sort of stuff} anyway, i've been tiped last year, this thing will go up. as i followed it for a while, kinda think it is more accurate economic indicator, because it is less mugg speculator's thingy. http://www.marketwatch.com/story/lumbers-f...2-12?link=kiosk interesting read. i'm still learning this thing!! Link to comment Share on other sites More sharing options...
kelt Posted February 17, 2010 Author Share Posted February 17, 2010 For some reason seems to be with softs. Bit like soybean with grains. Have to put them somewhere. Alot of fireworks going off again tonight. Link to comment Share on other sites More sharing options...
early birds Posted February 17, 2010 Share Posted February 17, 2010 it's funny session kelt. most of hard commodities going up led by copper, but most of softies all solft. even with dollar index going up. very strange move with index as well!! i kinda think this pumping should be run out of puff tonight, but it just keeps puffing up. Link to comment Share on other sites More sharing options...
kelt Posted February 17, 2010 Author Share Posted February 17, 2010 I went short copper tonight. Its like nye again tonight. Can't believe my girls can sleep. bang bang bang for wealthy year. Link to comment Share on other sites More sharing options...
neilo3 Posted February 17, 2010 Share Posted February 17, 2010 There is a few bits I read http://proofing.agencyel.com/admis/WklySum...mary_021510.pdf also Bloomberg and profarmer Link to comment Share on other sites More sharing options...
kelt Posted February 23, 2010 Author Share Posted February 23, 2010 Grains may have topped last night. Here is a look a soybean. Seems a pretty clear 5 waves. I'm looking for an abc correction and another long trade. Could well just bounce off the 943 to 946 support area. Lets see how it unfolds. Here is a video from GannGlobal. Like anyone they can get it pretty wrong. http://www.gannglobal.com/red-alert-commod...osive-10-02-22/ Link to comment Share on other sites More sharing options...
kelt Posted February 23, 2010 Author Share Posted February 23, 2010 Wheat seems to be the weakest of the three(soybean, corn & wheat). Didn't get a higher high last night. Looks likely to head to the low 480's and maybe lower. Ignore the wave count, doesn't seem right. Corn's chart is pretty similar to soybean. Link to comment Share on other sites More sharing options...
kelt Posted February 24, 2010 Author Share Posted February 24, 2010 Softs hitting strong weekly support. Cocoa weekly continuation contract. Looks to forming a bullish wedge on the daily, however doesn't seem complete. another up and down would look better. Sugar weekly continuation contract Link to comment Share on other sites More sharing options...
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