RUN
Bulkowski's Bump 'n' Run BottomBulkowski's Bump 'n' Run Bottom. Look for long on pullback. Target top of pattern.
Bullish momentum as a consequence of weather conditionsJune brought an abundant wave of relentless storms, almost double the normal monthly rainfall, and a strong rally in grain prices. The wet conditions have spurred a long list of concerns for U.S. farmers and U.S. crop conditions substantially deteriorated in the final two weeks of June, according to the USDA.
Nitrogen leaching and the lack of days available to spray post emergence crop protection chemicals are two of the major concerns affecting crop conditions. Weed, pest, and disease pressure may all increase as the growing season progresses due to the deadly combination of wet and cold weather after planting, followed by delayed spraying.
Also, soybeans are known for an inverted correlation with the US dollar.
Sources:
www.investing.com
www.investing.com
www.whig.com
www.signalfinancialgroup.com
www.investing.com
Commodities are less risky than forex and stocks, but beware of consequences if you trade on other's people ideas anyway.
Get out of AAPL long for nowA lot of weird stuff going on. Market unpredictable
but the technical analysis screams get out, but there
are signs that it won't last long
Trade idea: Bullflag + Stop Running OpportunityA typical bull pennant with diminishing volume at the end.
Whales might try to run the stops bellow 372 in a very sharp move.
This trade idea becomes invalid once price reaches the apex of the pennant without any significant action.
