Grains

Corn Approaching Support

A number of the grain markets are currently in oversold territory according to our Elastic Level (EL) indicator. Corn, in particular, is strongly oversold with a current reading of -8.25 as of Friday's close. As technicians know ... a market that is oversold can remain in oversold territory for extended periods. For this reason we use [...]

By |2016-12-22T17:57:43-05:00February 28th, 2016|Categories: Grains|

Grading the Grains

System traders funnel all of their technical indicators into specific buy and sell signals. They then test those systems for stability. The more stable the systems performance is over time, the higher its ranking. If you  test enough systems that follow multiple trading styles (trend, momentum & pattern) and time frames (30/45/60/90/120/EOD & EOW), you can [...]

By |2016-12-22T17:57:43-05:00February 12th, 2016|Categories: Grains|

Wheat ready to move

Wheat (W) has been very quiet for a number months. Once this consolidation phase ends we could see a big move with increased volatility. There are many ways to define volatility. For this analysis we are using an eight week standard deviation of percent return data and then calculation extreme upper/lower levels based on dynamic [...]

By |2016-12-22T17:57:43-05:00January 27th, 2016|Categories: Grains|
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