The gold market did indeed run out of steam with the double bearish divergence signals coming to fruition. December Gold reversed with a $72/oz drop in 5 days. Then, bounced up $38/oz and has stabilized since.
Market Commentary
Trilateral Protein Heat Map
Top Butts are the most appealing option in the Beef...
Trilateral Protein Heat Map
Protein Heat Map Commentary Best Value Buys Pork Loins are...
Wheat Technical Outlook
Wheat looks to have broken out of its corrective price...
Gold Technical Analysis
Gold had another significant move today (+2%) and has quite...
Trilateral Protein Heat Map
Protein Heat Map Commentary Best Value Buys Pork Loins are...
October Live Cattle Futures
This post is a follow up from our July 30th...
Trilateral Protein Heat Map
Best Value Buys Pork Loins are seasonally bottoming, and they...
Trilateral Protein Heat Map
The fire at the Tyson plant in Holcomb, Kansas, pushed...
December Corn Technical Outlook Post-WASDE
They say, “the quickest way to the poor house is to trade government numbers”. Some will attest to that statement in recent weeks. Much has been said, and lots of heads are scratching on the monthly WASDE reports (estimates) from the USDA.