Bullish on Corn.
Buying December 4.00 Call and Selling December 5.00 Call for a call spread. ($ZC_F)
With the US Dollar seeming to roll-over past it's 20-day, Commodity prices might continue their up-trend. Once setup i'm seeing here is in copper but wondering if this is an actual legit "1-2-3" chart setup. ($HG_F)
I'm leaning towards Gasoline retesting it's January highs due to seasonal trends into the summer. Moreover, the uncertainty of the recent natural disasters might affect prices.
Trading the June Option contracts with an option spread; Buying June 2.2600 calls and selling June 2.3800 calls, to lessen the effect of a loss. ...
Looking at the FC Orange Juice future contract here, and a couple of contradicting patterns jump out to me. First, we have a triangle formation which looks bullish. However, taking a look at the bearish MACD convergence makes me hesitate on going all Bull in this market. So to play ...
Based on the huge bull run last year, I'm leaning towards these markets retracing or being in a range for a while, before continuing their trend. On the bright side, this could be an opportunity to find favorable price levels to get back in. Check out the charts below for ...