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.
