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Interesting market facts
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Posted 3/5/2016 07:09 (#5156284)
Subject: Interesting market facts


Remember I'm a farmer and not a chart guru but I interpret things and try to make sense so if I get a fact wrong sorry.

DX printed a doji spike high yesterday and has declined since. Believe it bounced at the 68% area.

Crude bouncing off the downtrend from last year

"New record short ag complex by funds" Headline from an afternoon market adviser.

As mentioned the BR Real has rallied, see other posts

DX stochastics turning lower

Goldman-Sachs commodity index giving a "buy signal". Similar to early 2015 and 2009.

December corn indicating a buy signal on the charts. Stochastics bottomed. top BB close to $4

Beans also top BB close to $9

Not a time to sell anything if you ask me>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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