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RSS By: Jim Wyckoff, Pro Farmer

Pro Farmer technical analyst Jim Wyckoff's daily thoughts.

Jim's Afternoon Markets Report--Dec. 11

Dec 12, 2012

Tuesday Evening, December 11-Jim Wyckoff's Daily Markets
Update

Questions? Just email me at jim@jimwyckoff.com . I enjoy
hearing from my readers worldwide.--Jim

Click below for "Today’s Hot Market" item on my website.

http://www.jimwyckoff.com/hotmarket/hotmarket.asp

Dear Valued Subscriber: Following are today's significant
developments in the U.S. futures markets.

*. LIVESTOCK: February live cattle closed up $1.67 at
$131.95 today. Prices closed nearer the session high today
on short covering and fresh buying interest following a
bullish USDA report on cattle supplies. Bulls regained
upside momentum today and have the overall near-term
technical advantage. The bulls' next upside price breakout
objective is to push and close prices above solid technical
resistance at the November high of $132.90. The next
downside technical breakout objective for the bears is
pushing and closing prices below solid technical support at
the December low of $129.77. First resistance is seen at
today’s high of $132.50 and then at $132.90. First support
is seen at $131.35 and then at $131.00. Wyckoff's Market
Rating: 6.0

March feeder cattle closed up $2.17 at $154.37 today.
Prices closed near the session high and hit a fresh five-
month high today. The bulls have gained solid upside near-
term technical momentum and have the solid overall chart
advantage. The next upside price breakout objective for the
feeder bulls is to push and close prices above solid
technical resistance at $156.50. The next downside price
breakout objective for the bears is to push and close
prices below solid technical support at $151.75. First
resistance is seen at $155.00 and then at $155.50. First
support is seen at $154.00 and then at $153.50. Wyckoff's
Market Rating: 7.0

February lean hogs closed up $0.22 at $84.15 today. Prices
closed nearer the session high on tepid short covering
following recent strong selling pressure. The hog bears
still have the slight overall near-term technical
advantage. The next upside price breakout objective for the
hog bulls is to push and close prices above solid chart
resistance at the October high of $86.05. The next downside
price breakout objective for the bears is pushing prices
below solid technical support at the November low of
$82.65. First resistance is seen at today’s high of $84.45
and then at $85.00. First support is seen at today’s low of
$83.60 and then at last week’s low of $83.20 and then at
$82.65. Wyckoff's Market Rating: 4.5

*. GRAINS: March corn futures were down 4 cents at 7.26 in
late trading today. Prices were nearer the session low and
hit another fresh three-week low today. Tuesday morning’s
monthly USDA supply and demand report was deemed a bit
bearish for corn. Big losses in wheat also pressured corn
futures today. Corn bears have the slight overall near-term
technical advantage. Corn bulls' next upside price
objective is to push and close prices above solid technical
resistance at $7.50. The next downside price breakout
objective for the bears is pushing and closing prices below
solid technical support at the November low of $7.14 1/4.
First resistance for March corn is seen at today’s high of
$7.34 3/4 and then at $7.40. First support is seen at
today’s low of $7.23 3/4 and then at $7.20. Wyckoff's
Market Rating: 4.5

January soybeans were down 1 3/4 cents at $14.73 a bushel
in late trading today. Prices were near mid-range. The
soybean bulls got no traction from a mildly bullish USDA
report issued Tuesday morning, as the weaker corn market
and sharp losses in wheat spilled over into selling
pressure in beans. Soybean bears still have the slight
overall near-term technical advantage. However, the bulls
still have a bit of upside momentum and my bias is that a
near-term market low is in place. The next near-term upside
technical breakout objective for the soybean bulls is
pushing and closing January prices above psychological
resistance at $15.00 a bushel. The next downside price
breakout objective for the bears is pushing and closing
prices below psychological support at $14.00. First
resistance is seen at today’s high of $14.87 3/4 and then
at $15.00. First support is seen at today’s low of $14.64 ¼
and then at this week’s low of $14.53. Wyckoff's Market
Rating: 4.5.

March soybean meal was up $2.70 at $442.70 in late trading
today. Prices were near mid-range today. Meal bears have
the slight near-term technical advantage, but the bulls
have shown upside momentum recently to suggest a market
bottom is in place. The next upside price breakout
objective for the bulls is to produce a close above solid
technical resistance at $450.00. The next downside price
breakout objective for the bears is pushing and closing
prices below solid technical support at $425.00. First
resistance comes in at today’s high of $445.60 and then at
last week’s high of $447.00. First support is seen at
$440.00 and then at today’s low of $438.10. Wyckoff's
Market Rating: 4.5

March bean oil was down 74 points at 50.90 cents in late
trading today. Prices were nearer the session low and
scoring a bearish “outside day” down on the daily bar
chart. The bean oil bears have the overall near-term
technical advantage. The next upside price breakout
objective for the bean oil bulls is pushing and closing
prices above solid technical resistance at 53.31 cents.
Bean oil bears' next downside technical price breakout
objective is pushing and closing prices below solid
technical support at the December low of 49.43 cents. First
resistance is seen at 51.50 cents and then at last week’s
high of 51.85 cents. First support is seen at today’s low
of 50.66 cents and then at 50.50 cents. Wyckoff's Market
Rating: 4.0

March Chicago SRW wheat was down 27 1/2 cents at $8.21 1/4
in late trading today. Prices were nearer the session low
and hit a fresh 5.5-month low today. A bearish USDA report
today finally broke the will of the wheat market bulls as
prices saw a bearish downside “breakout” from the recent
choppy and sideways trading range at higher price levels.
Bears have gained the near-term technical advantage as a
four-week-old downtrend is also in place on the daily bar
chart. Wheat bulls’ next upside breakout objective is to
push and close Chicago SRW prices above solid technical
resistance at $8.50 a bushel. The next downside price
breakout objective for the wheat futures bears is pushing
and closing prices below psychological support at $8.00.
First resistance is seen at $8.30 and then at $8.40. First
support lies at today’s low of $8.16 and then at $8.10.
Wyckoff's Market Rating: 4.0.

March K.C. HRW wheat was down 23 3/4 cents at $8.79 1/2 in
late trading today. Prices were nearer the session low and
hit a fresh five-week low today. HRW bears gained downside
momentum today as prices saw a bearish downside breakout
from the recent trading range. Bears now have the overall
near-term technical advantage. Bulls’ next upside price
breakout objective is pushing and closing prices above
psychological resistance at $9.00. The bears' next downside
breakout objective is pushing and closing prices below
solid technical support at $8.50. First resistance is seen
at $8.86 and then at $9.00. First support is seen at
today’s low of $8.74 1/2 and then at $8.70. Wyckoff's
Market Rating: 4.5

March oats were down 1 1/2 cents at $3.87 1/2 today in late
trading. Prices were nearer the session low. Oats bulls
still have the solid overall near-term technical advantage.
Bears' next downside price breakout objective is pushing
and closing prices below solid technical support at $3.67
1/4. Bulls' next upside price breakout objective is pushing
and closing prices above solid technical resistance at the
October high of $4.05. First support lies at this week’s
low of $3.85 1/4 and then at $3.80. First resistance is
seen at today’s high of $3.98 and then at $3.98. Wyckoff's
Market Rating: 7.0

*. SOFTS: March sugar closed up 13 points at 18.89 cents
today. Prices closed nearer the session high today and hit
a fresh four-week low early on. Tepid short covering in a
bear market was featured. A weaker U.S. dollar index was
also supportive for sugar today. Sugar bears still have the
solid overall near-term technical advantage. Bulls' next
upside price breakout objective is to push and close prices
above solid technical resistance at 19.50 cents. Bears'
next downside price breakout objective is to push and close
prices below solid technical support at the November low of
18.66 cents. First resistance is seen at 19.00 cents and
then at this week’s high of 19.24 cents. First support is
seen at today’s low of 18.70 cents and then at 18.66 cents.
Wyckoff's Market Rating: 1.5.

March coffee closed up 200 points at 149.00 cents. Prices
closed nearer the session high today and saw short covering
in a bear market. A weaker U.S. dollar index was also
supportive for coffee today. The coffee bears still have
the solid overall near-term technical advantage. Prices are
in a two-month-old downtrend on the daily bar chart. The
next upside breakout objective for the bulls is to close
prices above solid technical resistance at 157.50 cents.
The next downside price breakout objective for the bears is
closing prices below solid technical support at 140.00
cents a pound. First resistance is seen at today’s high of
150.25 cents and then at 152.50 cents. First support is
seen at the contract low of 146.35 cents and then at 145.00
cents. Wyckoff's Market Rating: 1.5.

March cocoa closed up $9 at $2,388 a ton. Prices closed
nearer the session high today on short covering after
hitting a fresh four-week low early on. The cocoa bears
have the slight near-term technical advantage. The next
upside price breakout objective for the cocoa bulls is to
push and close prices above solid technical resistance at
$2,475. The next downside price breakout objective for the
bears is pushing and closing prices below solid technical
support at the November low of $2,322. First resistance is
seen at this week’s high of $2,407 and then at $2,432.
First support is seen at today’s low of $2,369 and then at
$2,354. Wyckoff's Market Rating: 4.5

March cotton closed up 150 points at 74.90 cents today.
Prices closed near the session high today and hit a fresh
seven-week high. A bullish USDA report issued today and a
weaker U.S. dollar boosted the cotton market. The bulls
gained fresh upside near-term technical momentum today and
have the overall near-term technical advantage. A four-
week-old uptrend is in place on the daily bar chart. The
next upside price breakout objective for the bulls is to
produce a close above solid technical resistance at the
October high of 76.39 cents. The next downside price
breakout objective for the cotton bears is to push and
close prices below solid technical support at the December
low of 72.43 cents. First resistance is seen at 75.00 cents
and then at 75.50 cents. First support is seen at 74.41
cents and then at 74.00 cents. Wyckoff's Market Rating:
5.5.

January orange juice closed up 475 points at $1.3010 today.
Prices closed near mid-range today and hit a fresh seven-
month high. Prices also saw a bullish upside “breakout”
from a bullish pennant pattern that had formed on the daily
bar chart. FCOJ bulls have the solid overall near-term
technical advantage and gained more power today. The next
upside price breakout objective for the FCOJ bulls is
pushing and closing prices above technical resistance at
$1.4000. The next downside technical breakout objective for
the FCOJ bears is to produce a close below solid technical
support at the December low of $1.2130. First resistance is
seen at $1.3250 and then at today’s high of $1.3400. First
support is seen at $1.2750 and then at $1.2500. Wyckoff's
Market Rating: 7.0.

January lumber futures closed up $1.90 at $345.90 today.
Prices last Friday hit a fresh contract high and 6.5-year
high. The lumber bulls have the solid overall near-term
technical advantage. The next downside technical breakout
objective for the lumber bears is pushing and closing
prices below solid technical support at the December low of
$332.70. The next upside price breakout objective for the
bulls is pushing and closing prices above solid technical
resistance at $360.00. First resistance is seen at the
contract high of $350.00 and then at $352.50. First support
is seen at today’s low of $342.60 and then at $340.00.
Wyckoff's Market Rating: 8.5

*. METALS: February gold futures closed down $5.70 an ounce
at $1,708.70 today. Prices closed nearer the session low
today on some position evening and long liquidation ahead
of the FOMC meeting results on Wednesday. The weaker U.S.
dollar index today did limit selling pressure in gold. Gold
bulls still have the slight overall near-term technical
advantage but have more work to do to suggest a near-term
price uptrend can be sustained. The gold bulls’ next upside
price breakout objective is to produce a close above solid
technical resistance at $1,725.00. Bears' next near-term
downside breakout price objective is closing prices below
solid technical support at the November low of $1,674.70.
First resistance is seen at this week’s high of $1,718.80
and then at $1,725.00. First support is seen at this week’s
low of $1,703.30 and then at $1,700.00. Wyckoff’s Market
Rating: 5.5

March silver futures closed down $0.412 an ounce at $32.965
today. Prices closed nearer the session low on some profit
taking and position evening. The silver bulls have the
slight overall near-term technical advantage. Bulls’ next
upside price breakout objective is closing prices above
solid technical resistance at the November high of $34.49
an ounce. The next downside price breakout objective for
the bears is closing prices below solid technical support
at $32.50. First resistance is seen at today’s high of
$33.345 and then at $33.50. Next support is seen at today’s
low of $32.835 and then at last week’s low of $32.585.
Wyckoff's Market Rating: 5.5.

March N.Y. copper closed down 215 points at 368.45 cents
today. Prices closed near the session low today on some
profit taking from recent gains. Prices Monday hit a six-
week high. Copper bulls still have the overall near-term
technical advantage. Copper bulls' next upside breakout
objective is pushing and closing prices above solid
technical resistance at 375.00 cents. The next downside
price breakout objective for the bears is closing prices
below solid technical support at 355.00 cents. First
resistance is seen at 370.00 cents and then at this week’s
high of 371.90 cents. First support is seen at this week’s
low of 365.60 cents and then at last week’s low of 363.30
cents. Wyckoff's Market Rating: 6.0.

*. ENERGIES: January crude oil closed up $0.28 a barrel at
$85.84 today. Prices closed near mid-range today and hit a
fresh four-week low early on. Short covering was featured.
Bulls have faded recently and need to show more power soon
to avoid fresh chart damage being inflicted. Crude oil
bears have the slight near-term technical advantage. The
next near-term upside price breakout objective for the
crude oil bulls is producing a close above solid technical
resistance at the December high of $90.33 a barrel. The
next near-term downside price breakout objective for the
crude oil bears is to produce a close below solid technical
support at the November low of $84.53. First resistance is
seen at this week’s high of $86.78 and then at $87.50.
First support is seen at today’s low of $85.21 and then at
$84.53. Wyckoff's Market Rating: 4.5

January heating oil closed up 343 points at $2.9305 today.
Prices closed nearer the session high today and saw short
covering. Bears still have the overall near-term technical
advantage. Prices are in a three-month-old downtrend on the
daily bar chart. The bulls' next upside price breakout
objective is closing prices above solid technical
resistance at $3.0000. Bears' next downside price breakout
objective is producing a close below solid technical
support at $2.8500. First resistance lies at $2.9500 and
then at $2.9600. First support is seen at this week’s low
of $2.8936 and then at $2.8750. Wyckoff's Market Rating:
4.0.

January (RBOB) unleaded gasoline closed up 199 points at
$2.6180 today. Prices closed nearer the session high today
on some short covering. Bulls and bears are on a level
near-term technical playing field. The next upside price
breakout objective for the bulls is closing prices above
solid technical resistance at last week’s high of $2.7627.
Bears' next downside price breakout objective is closing
prices below solid support at the November low of $2.5324.
First resistance is seen at this week’s high of $2.6397 and
then at $2.6589. First support is seen at last week’s low
of $2.5893 and then at $2.5600. Wyckoff's Market Rating:
5.0.

January natural gas closed down 4.7 cents at $3.413 today.
Prices closed nearer the session low and hit another fresh
2.5-month low today. Warm weather in the eastern U.S. is
bearish. Bears have the near-term technical advantage. The
next upside price breakout objective for the bulls is
closing prices above solid technical resistance at $3.75.
The next downside price breakout objective for the bears is
closing prices below solid technical support at $3.35.
First resistance is seen at today’s high of $3.494 and then
at this week’s high of $3.52. First support is seen at
today’s low of $3.391 and then at $3.35. Wyckoff's Market
Rating: 3.0.

*.STOCKS, FINANCIALS, CURRENCIES: The March Euro currency
closed up 67 points at 1.3019 today. Prices closed nearer
the session high today and saw more short covering and
bargain hunting. The bulls have the near-term technical
advantage and are regaining some upside technical momentum.
However, a bearish triple-top reversal pattern may be
forming on the daily bar chart. Euro bulls' next upside
price breakout objective is pushing and closing prices
above solid technical resistance at last week’s high of
1.3142. The next downside price breakout objective for the
bears is closing prices below solid chart support at
1.2800. First resistance for the Euro lies at 1.3050 and
then at 1.3100. Next support is seen at today’s low of
1.2942 and then at last week’s low of 1.2892. Wyckoff's
Market Rating: 6.0

The March Japanese yen closed down 29 points at 1.2128
today. Prices closed near the session low today. Bears have
the solid overall near-term technical advantage. Prices are
in a steep nine-week-old downtrend on the daily bar chart.
Bulls' next upside price breakout objective is closing
prices above solid resistance at 1.2345. Bears' next
downside breakout objective is closing prices below solid
technical support at 1.2000. First resistance is seen at
this week’s high of 1.2188 and then at 1.2200. First
support is seen at this week’s low of 1.2112 and then at
last week’s low of 1.2084. Wyckoff's Market Rating: 1.5.

The March Swiss franc closed up 11 points at 1.0745 today.
Prices closed nearer the session high today and scored a
bullish “outside day” up on the daily bar chart. Short
covering was featured. The Swissy bulls still have the
slight near-term technical advantage. A bearish head-and-
shoulders top reversal pattern may be forming on the daily
bar chart. The next upside price breakout objective for the
bulls is closing prices above solid resistance at the
November high of 1.0843. The next downside price breakout
objective for the bears is closing prices below solid
technical support at the October low of 1.0647. First
resistance is seen at today’s high of 1.0750 and then at
1.0775. First support is seen at today’s low of 1.0692 and
then at last week’s low of 1.0678. Wyckoff's Market Rating:
5.5.

The March Australian dollar closed up 41 points at 1.0448
today. Prices closed nearer the session high, scored a
bullish “outside day” up on the daily bar chart and hit a
fresh three-month high today. Bulls have the solid overall
near-term technical advantage. Bulls' next upside price
breakout objective is closing prices above solid chart
resistance at the September high of 1.0470. The next
downside breakout objective for the bears is to produce a
close below solid technical support at the December low of
1.0311. First resistance is seen at today’s high of 1.0457
and then at 1.0470. Next support is seen at 1.0400 and then
at 1.0360. Wyckoff's Market Rating: 8.0

The March Canadian dollar closed up 10 points at 1.0118
today. Prices closed nearer the session high and hit
another fresh seven-week high today. Bulls have the slight
near-term technical advantage. Prices are in a three-week-
old uptrend on the daily bar chart. Bulls' next upside
price breakout objective is producing a close above chart
resistance at 1.0200. The next downside price breakout
objective for the bears is closing prices below solid
technical support at 1.0000. First resistance is seen at
today’s high of 1.0122 and then at 1.0150. First support is
seen at this week’s low of 1.0092 and then at 1.0075.
Wyckoff's Market Rating: 5.5.

The March British pound closed up 39 points at 1.6105
today. Prices closed nearer the session high today. Bulls
have the overall near-term technical advantage. The next
upside price breakout objective for the bulls is closing
prices above solid technical resistance at 1.6165. Bears'
next downside technical breakout objective is closing
prices below solid support at the October low of 1.5913.
First resistance is seen at last week’s high of 1.6126 and
then at the November high of 1.6140. First support is seen
at today’s low of 1.6065 and then at 1.6000. Wyckoff's
Market Rating: 6.0.

The March U.S. dollar index closed down 29 points at 80.18
today. Prices closed near the session low again today. The
bears have the near-term technical advantage. Bulls' next
upside price breakout objective is to close prices above
solid technical resistance at the November high of 81.70.
The next downside price breakout objective for the bears is
to produce a close below solid technical support at the
October low of 79.20. Next resistance lies at today’s high
of 80.50 and then at this week’s high of 80.75. First
support is seen at today’s low of 80.12 and then at last
week’s low of 79.78. Wyckoff's Market Rating: 4.0.

March U.S. T-Bonds closed down 22/32 at 149 1/32 today.
Prices closed nearer the session low and hit a fresh two-
week low today. Profit taking was featured. Bulls still
have the slight overall technical advantage, but need to
show fresh power soon to keep it. The next downside price
breakout objective for the T-Bond bears is closing prices
below solid technical support at 148 11/32. The next upside
technical objective for the bulls is to produce a close
above solid technical resistance at the November high of
151 10/32. First resistance is seen at today’s high of 149
27/32 and then at this week’s high of 150 2/32. First
support is seen at today’s low of 148 27/32 and then at 148
16/32. Wyckoff's Market Rating: 5.5.

March U.S. T Notes closed down 7.5 (32nds) at 133.12.5
today. Prices closed nearer the session low today on profit
taking. Bulls still have the overall near-term technical
advantage. The next upside price breakout objective for the
bulls is closing prices above solid resistance at 134.16.0.
The next downside price breakout objective for the bears is
producing a close below solid technical support at the
November low of 131.24.5. First resistance is seen at
today’s high of 133.22.0 and then at this week’s high of
133.26.5. First support is seen at today’s low of 133.09.5
and then at 133.06.5. Wyckoff's Market Rating: 7.0

GENERAL STOCK MARKET COMMENT: The U.S. stock indexes closed
firmer again today. Bulls have regained some upside near-
term technical momentum as prices have rebounded smartly
from the November lows, as the “Santa Claus” rally appears
to have started this year. Traders are awaiting Wednesday
afternoon’s outcome of the U.S. Federal Reserve FOMC
meeting. The Federal Reserve’s “Operation Twist” program is
scheduled to end this month and the FOMC members will
decide this week whether to extend a bond-buying program.
Many believe the Fed will announce it will continue to
purchase longer-term U.S. Treasuries, while stopping its
sales of shorter-term government debt, as was the case in
the Twist operations. The new plan would be ostensibly
printing of greenbacks by the Fed and would be stock market
bullish. Some traders are reckoning the “QE4” move by the
Fed has already been factored into the market place and
markets’ price structures. However, that notion is
presently a weak one. Also in the U.S., attention of the
market place remains on the “fiscal cliff” tax increases
and spending cuts that is fast approaching. There is still
no apparent movement from either side on the matter. House
Speaker Boehner said Tuesday that the Obama administration
needs to make a move first. The market place presently
perceives odds are a bit higher than not that there will be
a last-minute agreement among U.S. lawmakers to avoid the
fiscal cliff. Still, the overall situation continues to be
a bearish drag on many markets, including the stock
indexes. In overnight news, the feature was the German ZEW
economic expectations index rising to a much higher-than-
expected reading of 6.9 in December versus November’s minus
15.7. The report boosted European stocks and the Euro
currency, while Spanish and Italian bond yields fell.

The Nasdaq stock futures index closed up 34.00 at 2,684.50.
Prices closed nearer the session high today and closed at a
fresh five-week high close. Bulls have regained the slight
near-term technical advantage. Bulls' next upside price
breakout objective is closing prices above solid resistance
at 2,750.00. The bears' next downside price breakout
objective is closing prices below solid technical support
at 2,600.00. First resistance is seen at  2,700.00 and then
at 2,725.00. First support is seen at 2,660.00 and then at
today’s low of 2,644.25. Wyckoff's Market Rating: 5.5

The S&P 500 futures index closed up 10.30 at 1,430.50.
Prices closed nearer the session high and hit a fresh
seven-week high today. Bulls gained fresh upside momentum
today and they have the near-term technical advantage. A
four-week-old uptrend is in place on the daily bar chart.
Bulls' next upside price breakout objective is closing
prices above solid resistance at the September high of
1,467.50. The next downside price breakout objective for
the bears is closing prices below solid support at the
December low of 1,397.00. First resistance is seen at
today’s high of 1,433.00 and then at 1,445.00. First
support is seen at 1,423.90 and then at today’s low of
1,415.40. Wyckoff's Market Rating: 6.0.

The Dow futures closed up 91 points at 13,278. Prices
closed near the session high today and hit a fresh seven-
week high. Bulls have the near-term technical advantage and
gained more upside technical momentum today. The next
upside price objective for the bulls is closing prices
above solid technical resistance at 13,500. The next
downside price objective for the bears is closing prices
below solid technical support at the December low of
12,915. First resistance in the Dow lies at today’s high of
13,284 and then at 13,350. First support is seen at today’s
low of 13,205 and then at this week’s low of 13,150.
Wyckoff's Market Rating: 6.0.

Click below for my welcome letter to all new customers and
for an explanation of my Market Rating System.

http://www.jimwyckoff.com/newsletter/WelcomeAboard/

IMPORTANT NOTE: I am not a futures broker and do not manage
any trading accounts other than my own personal account. It
is my goal to point out to you potential trading
opportunities. However, it is up to you to: (1) decide when
and if you want to initiate any traders and (2) determine
the size of any trades you may initiate. Any trades I
discuss are hypothetical in nature.

Here is what the Commodity Futures Trading Commission
(CFTC) has said about futures trading (and I agree 100%):
1. Trading commodity futures and options is not for
everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS.
Before you invest any money in futures or options
contracts, you should consider your financial experience,
goals and financial resources, and know how much you can
afford to lose above and beyond your initial payment to a
broker. You should understand commodity futures and options
contracts and your obligations in entering into those
contracts. You should understand your exposure to risk and
other aspects of trading by thoroughly reviewing the risk
disclosure documents your broker is required to give you.

Jim Wyckoff
 

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