The Buy in Grains is Closing In.
The uptrend in Corn and Soybeans continues to organize and the setup relies on the basics of knowing when to buy and not buy in a trend.
The uptrend in Corn and Soybeans continues to organize and the setup relies on the basics of knowing when to buy and not buy in a trend.
The last couple days of the month are setting up correction setups across many markets. With earnings around the corner, possible good news from G20, and maybe even a July rate cut, there’s plenty to consider.
In this video, we talk about the sell-off from the all time high and where we might go from here.
Pullbacks in uptrends. Think NASDAQ futures, MSFT, Home Depot, among many. We’re also looking at an after-hour rally in crude but there’s a setup that says it won’t last.
When news of the Mexican tariffs hit, CMG took a nosedive with headlines that the cost of avocados would hit CMG. Now we’re a stone’s throw from lifetime highs, and this is a great example of why I prefer to focus on technical setups.
In the last premium video, we reviewed key areas of resistance in AAPL and BA. Both of those have come through well, now we just see how far we can fall. Tonight updates those levels in /ES and thoughts on several other stocks.
The NASDAQ got hit like the rest of the market on a rate cut tantrum… MSFT moved twice its normal price movement range and the NQ pulled back to a key moving average. Here are the setups that triggered and how.