Articles

  • 17 hours ago | barchart.com | Jim Wyckoff

    July lean hog futures (HEN25) present a buying opportunity on more price strength. See on the daily bar chart for July lean hog futures that prices are trending higher and have just hit a nearly three-month high. See at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish mode as the blue MACD line is above the red trigger line and both are trending up.

  • 18 hours ago | inkl.com | Jim Wyckoff

    July lean hog futures (HEN25) present a buying opportunity on more price strength. Fundamentally, the U.S.-China trade war is starting to thaw and that’s friendly for lean hog futures as China has been a major importer of U.S. pork.

  • 1 day ago | barchart.com | Jim Wyckoff

    The soybean bulls came out of the gate strong on Monday, with July futures (ZSN25) hitting a 10-week high. However, on Tuesday morning, soybeans had lost most of Monday’s gains. Corn continues to slump as July futures (ZCN25) on Tuesday dropped to the lowest level since last October. Winter wheat futures markets continue to get slammed as July SRW (ZWN25) and HRW  (KEN25) futures both hit new contract lows on Tuesday too.

  • 1 day ago | dummersgrain.com | Jim Wyckoff

    September Euro currency futures (E6U25) present a selling opportunity on more price weakness. See on the daily bar chart for the September Euro currency futures that prices are trending lower and early this week hit a four-week low. See, too, that the shorter-term moving averages I follow (9- and 18-day) are in a bearish posture as the red 9-day is below the green 18-day and both lines are trending down.

  • 1 day ago | proagfarmers.com | Jim Wyckoff

    September Euro currency futures (E6U25) present a selling opportunity on more price weakness. See on the daily bar chart for the September Euro currency futures that prices are trending lower and early this week hit a four-week low. See, too, that the shorter-term moving averages I follow (9- and 18-day) are in a bearish posture as the red 9-day is below the green 18-day and both lines are trending down.

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