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Proudly Canadian
Proudly Canadian
Faced with the realization that a weather market can end as quickly as it began, farmers have the daunting task of figuring out when to sell
A harami that occurs at the end of a significant move down in price and time will have more reliability than any other place on a chart
A drop of $13 per hwt is a classic example of the market topping out when the news is the most bullish
Live cattle prices have been under pressure since peaking in December amid bullish headlines and news that took prices to historic highs. Cattle and calves in the United States according to USDA estimates as of January 1, 2013 totalled 89.3 million head, which is two per cent below the 90.8-million figure recorded a year earlier.Each day’s prices and the pattern configurations are a direct result of human decisions to buy and sell
Technical analysis is the study of market movement. Its strength and popularity comes from the assumption that future price direction can be predicted by studying a market’s past activity. Technical analysis is concerned exclusively with the market and certain statistics the market generates — prices, volume and open interest. In technical analysis, no consideration isWatch for rising wedges in bear markets and falling wedges in bull markets, where they are most apt to occur
Red spring wheat grading No. 1 13.5 per cent protein reached $8 per bushel for the 2012-13 crop year. This is the highest price farmers have been able to lock in, since the open-market era was announced in mid-December 2011. True to form, wheat prices began their seasonal turn higher, just as the U.S. winter
