August soybean futures (ZSQ26) present a buying opportunity thanks to new price strength. See on the daily bar chart for August soybean futures that prices have fallen to the lower limit of a choppy trading range. My view is that technical support at the bottom of the trading range will hold and that bean prices…
June Swiss Franc futures (S6M26) present a selling opportunity amid further price weakness. The daily bar chart of June Swiss Franc futures shows that prices are trending lower and recently hit a two-month low. Also see at the bottom of the chart that the Moving Average Convergence Divergence (MACD) indicator is in a bearish stance…
March soybean meal futures (ZMH26) present a buying opportunity thanks to further price strength. The daily bar chart of March soybean meal futures shows that prices have recovered from the early January low and the bulls have gained some momentum. Also see at the bottom of the chart that the Moving Average Convergence Divergence (MACD)…
March HRW wheat futures (KEH26) present a buying opportunity thanks to further price strength. See on the daily bar chart of March hard red winter wheat futures that Tuesday’s prices hit a three-week high. Also see at the bottom of the chart that the Moving Average Convergence Divergence indicator just produced a buy signal when…
March sugar futures (SBH26) present a buying opportunity thanks to further price strength. See on the daily bar chart of March sugar futures that prices are trending upward. Also see at the bottom of the chart that the Moving Average Convergence Divergence (MACD) indicator is in a bullish stance as the red MACD line is…
March corn futures (ZCH26) present a buying opportunity thanks to further price strength. See on the daily bar chart for March corn futures that prices are trending up and last week hit a four-month high. The bulls have the short-term technical advantage. Fundamentally, domestic and export demand for US corn remains strong. Recent rallies in…
December silver futures (SIZ25) present a selling opportunity amid further price weakness. See on the December silver futures daily bar chart that the recent price action has formed a bearish flag pattern. The recent increased daily price volatility at higher levels is also a warning sign that a top has been reached in the market….
December Treasury note futures (ZNZ25) present a selling opportunity amid further price weakness. In the daily bar chart of December Treasury bond futures you can see that prices are in an incipient downward trend. Also see at the bottom of the chart that the Moving Average Convergence Divergence (MACD) indicator is in a bearish stance…
