Key trend reversals at hand?

Key trend reversals at hand?

Investing via a rear view mirror is rather easy, knowing what lies down the road becomes the real challenge for investors.  No doubt certain Commodities have moved much higher over the past year.   Important portfolio issue right now..what BIG...
Grains, Trains and…

Grains, Trains and…

  CLICK ON CHART TO ENLARGE Some key sectors of the U.S. and Global economy are breaking below support of respective rising wedges.  This support dates back to the key lows when sentiment was very bearish! (see post here)
What message is this sending to you?

What message is this sending to you?

  Copper/FCX  is breaking key support (see post here).  Rough Rice is down “lock limit” again today and has declined close to 20% since its recent highs (see food price peak here).  Check out all the grains of late? Long-bond(TLT)...
Take your clues from Lybia or Copper?

Take your clues from Lybia or Copper?

Friday morning I suggested to “Take your clues from Coppper”  (see post here)  Yes Lybia has been front and center news wise, yet so was Egypt three weeks ago and the markets continued higher!  One day or news event DOES NOT make a...
Food price inflation… update

Food price inflation… update

On 2/7 I did a post on Rice, a food staple for many around the world. In that post the “Power of the Pattern” suggested that rice was up against strong and important resistance. Rice has now declined 10% since hitting key resistance. (see post here)  ...
Food inflation peak?

Food inflation peak?

Rice is key for many diets around the world. Reports are cropping up that food inflation is causing some major challenges around the globe. The technical pattern in Rice finds itself at a very important level right now.   CLICK ON CHART TO ENLARGE I shared last...
AG/Grain breakout update

AG/Grain breakout update

On October 11, 2010, AG/grain ETF (DBA) was breaking above a two year trend channel in the chart below. (see post here) The suggestion at the time was to buy the breakout with stops. CLICK ON CHART TO ENLARGE  Below is an update on DBA after the...
Grains…Inverse ETF Update

Grains…Inverse ETF Update

Suggested to “Buy the inverse Grains ETF” (AGA) last Friday morning.  (see post here)  See update below. CLICK ON CHART TO ENLARGE Game Plan…AGA is up over 20% since its breakout.  decent gains in 4 business days, since the purchase at...