Published 10/25/2011 - 6:16 a.m. EST
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Daily December Cocoa Pattern, Price & Time Analysis
(Photo: Pattern, Price & Time Analysis by James A. Hyerczyk)
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Despite bearish fundamentals,
December Cocoa may be setting
up for a possible change in
trend. Although there is
plenty of supply available on
expectations of large crops in
Ghana and the Ivory Coast,
short-traders may be forced to
cover if the recent swing top
is violated.
Published 09/29/2010 - 1:21 p.m. EST
GRAINS:
9/29/10Higher clsoes
for rough rice
whilelower
closes for Minneapolis, Kansas
City and Chicago wheat along
with corn,
soybeans, soymeal
and soyoil. All of the wheat
continue to look higher
overall but Minneapolis has
given me a SELL SIGNAL while
KC and
Chicago have looked
toppy lately and are now also
close to sell signals but not
quite.
Published 09/27/2010 - 1:23 p.m. EST
GRAINS:
9/27/10Higher closes
last Friday for oats,rough
rice, corn soybeans,
soymeal
and soyoil while lower for
Minneapolis, Kansas City and
Chicago
wheat. All of the
wheat continue to look higher
overall but Minneapolis and KC
are looking a little toppy
while Chicago has been
consolidating in a trading
range since early August as
seen below.
Published 09/08/2010 - 11:55 a.m. EST
GRAINS:
9/08/10 Higher closes
yesterday for
Minneapolis,
Kansas City and Chicago wheat
along with oats, corn and
soyoil while lower for rough
rice, soybeans and soymeal.
All of the wheat
continue to
look higher overall with
Minneapolis and KC starting to
turn higher
over their
present consolidation
formations but Chicago is
lagging behind a
little at
this
time.Minneapo
lis needs to hold 692, KC 691
and Chicago 677 1/2 in the
December contracts.