Wednesday, 8 June 2016

Up Up and away Corn, Wheat, Sugar& Soya complex + EURUSD continued ( the anatomy of a RL)

 Up, up and away!!!!!!!!!!!! ( or if you are under 25- 30 " To infinity and beyond")... as we discussed in previous posts we saw the signs of the end of the so-called commodity bear cycle back in late winter and advised all to position accordingly...Coffe is not included (not a cup of coffee) but coffe chart which also shows a great thrusting punch upwards with lots of energy.......
https://www.linkedin.com/groups/76043/76043-6143725939898478595
 http://medianlinetrader.blogspot.fr/2016_03_01_archive.html






Friday, 20 May 2016

Anatomy of a Reaction Line. EURUSD

Understanding the pivotal relationships that exisit between past and future:
This is the same chart i posted a few days ago
 Here are the pivots labeled
 Here is the current RL
 Here are others that show correlation with price




Friday, 13 May 2016

Charts of interest (Technically speaking). Coffee, Emini S&P,Aussie$ and EURUSD

I think that's an Oxymoron...as charts are technical price data representation systems of our own creation and are 2D (price x time). There are other dimensions that are missing. I have written on this subject but here are some ideas:http://www.nanex.net/CodingNxCore/JTools/JTools_QTSequencer3D/QTSequencer3D_RT.html
and  http://www.nanex.net/CodingNxCore/JTools/JTools_DepthMapper3D/DepthMapper3D_RT.html




As i have a few spare minutes before i knock off for the weekend..Here is the emini S&P setup today: It really doesnt have to be difficult as long as you know what you are looking for. I use several methods for confirmation but all are lagging to some extent and at the end of the day you simply have to press the button and fire. Understand the visual representation system and the reaction line effect seen here in June ES and also above in my whopping Coffee entry above and you can work your setups in 60 Min & 240 Min with tight-ish stops.Of course you will get false breakouts-so what you stopped out and can live with it.

Tuesday, 19 April 2016

Sugar + The grains take off

These charts should need no explanation. The writing has been on the wall since 8th March.
http://medianlinetrader.blogspot.fr/2016/03/this-ones-for-free-now-is-turning-point.html

All these charts have been published many months ago on this site with the same reaction line and Medianline linear structure. Of course we can see the centre median line objectives (arrowed)
Corn: 393
Wheat: 500
Beans:990........................enjoy the ride ! Any subscribers get daily PDF's on all grains and free 'cheat sheet' available to those unbelievers or cheapskates!  on: www.commodity-analysis.co.uk





Tuesday, 8 March 2016

This one's for free" Now is the turning point for long term positions on grains.

More to come but lets get this on record here and now March 8 2016...... that "technically speaking" Wheatm Corn, Soybeans and soyacomplex(SBmeal and SBoil) and a range of other softs that track these major agricultual products have turned and the bottom is called on long term positions. More to come for subs and free in next 48-72 hrs for the rest of you all!!

Tuesday, 23 February 2016

Sugar (Mch 16) & emini S&P, Nasdaq and Dow.

Here is the same median line drawn in all three markets of the same pivots: ES,NQ & DJ. The upsloping PF shows the first full 100% RL- bang on where we are today and falling away from. Please note the gap to be filled below ( shown in thick fushia pink).
Sugar, Another of the softs that are oversold technically and it is my belief we are seeing a slow change and the begining of a new commodity cycle. While Wheat /carn and beans remain disppointing we have other softs and non ferrous metals starting to bottom...but expect to see sharp moves to the downside before any part of a long term directional change in bias- perhaps late Spring/summer. Nothing to be had yet except short term trades such as Sugar & expect that to retest $Cents/lb 12.50 area ..See previous sugar posts: http://medianlinetrader.blogspot.fr/2015/10/sugar-11-h16-big-picture.html and the major support around the long term LMLP seen below in the montly chart at around 11.00-11.50
Other trends to watch are EURGBP & GBPJPY and the precious metals complex (Au/Ag/Pl/Pa) and on our radar is also the energy complex and of intestest NF Metals: Cu.Al, Ni et al. & watching capital out flows from the equity mkts..




Equity mini's below:






Thursday, 4 February 2016

Gold continued and the grains and soya complex, Sugar and others

Setups abound.. big yet subtle changes are afoot and just when you think you will never stop hearing the press banging on about the slump in commodity prices the technical signs all present a slow and steady bottoming process. Wheat and the soybeans and to some extent corn are all looking oversold and technically ripe. Just pull up the 10,15 or 25 year charts and forget looking at the daily charts and get some context. Cocoa is a peach at the moment for a long. Sugar is due to retrace upto 100% and s/b ripe in 3 months or before at 11.25, 11.75 or nearer at 12.45. The USDX looks like there are serious topping out indications. Entries are never easy but our valued subscribers have had more bang for their buck in 2016 so far than in all last year. Gold being just one example that has been posted here in the recent postings as was several entries into short equites.The short S &P positons however remain of dubious long term quality and we expect no easy ride in equities and indeed see a bounce due. For the rest of the agri, non ferrous and prec metals and energy sectors we see great scope. We intend to publish a PDF screen shot weekly of our positions. These are available free from www.commodity-analysis.co.uk

Cocoa and horizontal setups

 The controlling "seed swing" germinates on the centre ML as a big "W" dubbya formation before a break up  in mid 2015 to the UMLP and 100% RT. The continious futures chart has distorted the low blue pivot- hence both lines are relevent-blue and green- as will be seen and has been seen on the blue touch already...expect to see this low tested and support in the area shaded pink
 Pink/magenta area should be watched for long entry
 In detail

 Gold (see previous post)
 Soybeans: break out ...
Wheat.. again a break up should be coming. Look at supp and res from long term ML and RL's