Technical analysis Archives - Page 2 of 4

Cattle prices start 2012 at a new historical high

By David Drozd February 15, 2012

Live cattle and feeder cattle rallied to a new historical high last week. In reaching $150, feeder cattle prices achieved a technical measurement derived from a rectangle pattern. Rectangles, or box formations as they are sometimes called, are found frequently on futures price charts. Most of the time, they are continuation, or sideways consolidation patterns,

Cereals, News

How Euro zone uncertainty affects wheat markets

By David Drozd January 12, 2012

Charting and technical analysis may be likened to reading a price road map where patterns form on the chart representing the road signs. If one is going to undertake a study of charts, it is imperative to learn the signs and their implications for prices. Classic formations, once identified, will point the way, signal caution,

News, Oilseeds

Topping Action In Soybean Meal Sends Calming Signal

By David Drozd November 3, 2011

Livestock producers were left scratching their heads when the December 2011 soybean meal futures contract posted a new high in late August. The news was incredibly bullish, as concerns of an early frost were on producers minds. The big question was, Should I be locking in the price of meal before it gets any higher?

News

Harami Predicted A Strong U.S. Dollar

By David Drozd October 6, 2011

You d be hard pressed to find anyone this summer who wasn t aware of the United States escalating debt, increasing unemployment and home foreclosures that produced the current economic slowdown. All summer, as the news grew increasingly bearish, with newspaper headlines suggesting the greenback was about to crash and burn, more market analysts began

News

Main Trend In Crude Oil Still Up, Despite Recent Downturn

July 7, 2011

Crude oil prices have been under pressure since a two-week reversal developed two weeks ago. This reversal pattern materialized after crude oil prices failed to exceed the upper boundary of the uptrending channel. A two-week reversal indicates a change in direction and can occur at the top or bottom of a market. This two-week reversal

News

Reversal Pattern Alerts Livestock Producers To Cattle Price Downturn

June 2, 2011

Ca t t l e prices have been sliding lower, since a two-week reversal developed in early April, 2 0 1 1 . T h i s reversal pattern identified a quick halt to the rally after cattle prices climbed to an unprecedented historical high of $122.875. TWO-WEEK REVERSAL This chart formation indicates a change

Crops

Bull Market In Corn Resumes After Seasonal Downturn

March 31, 2011

It appears the seasonal tendency for corn prices to move lower in March may be over, due to the bears being unable to push prices below an important line of support on the December 2011 futures contract. This is also the point at which a reversal pattern called a harami materialized on the candlestick chart.

Crops

Soybean Market Turns Down On Long Liquidation

March 3, 2011

Do w n – ward corrections in a bull market are inevitable and technical analysis is a proven and reliable means of identifying changes in direction. Technical analysis is the study of market movement and its primary focus is on price action. Its strength and popularity comes from the assumption that future price direction can

News

Soybean Oil Lends Underlying Support To Canola

February 3, 2011

The oil- seed complex has been well supported by the strong vegetable oil market. This is evidenced by the steep uptrending channel illustrated on the monthly soybean oil chart. This rally began with the development of a “two-month reversal” back in July 2010. This particular “two-month reversal” is seen at the bottom of a downtrend

News

Feeder Cattle Prices End On A New Historical High

January 6, 2011

What a differ-e nce a year makes! In December 2009 feeder cattle prices were down challenging an area of support at $90. Prices quickly bounced off the line of support, as illustrated in the accompanying chart, and by the end of December a two-month reversal materialized, which indicated prices were about to turn back up.

Daily Network News

U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data

Federal budget shows remaining disconnect between agriculture, policymakers, panelists say

U.S. livestock: Cattle futures continue downward

Tag Archives Technical analysis

Cattle prices start 2012 at a new historical high

How Euro zone uncertainty affects wheat markets

Topping Action In Soybean Meal Sends Calming Signal

Harami Predicted A Strong U.S. Dollar

Main Trend In Crude Oil Still Up, Despite Recent Downturn

Reversal Pattern Alerts Livestock Producers To Cattle Price Downturn

Bull Market In Corn Resumes After Seasonal Downturn

Soybean Market Turns Down On Long Liquidation

Soybean Oil Lends Underlying Support To Canola

Feeder Cattle Prices End On A New Historical High

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