Mixed bag in agricultural space with grains higher and livestock mostly lower, volatility in indices with Dow higher but NASDAQ/S&P under pressure, precious metals moving with silver leading
Oliver Sloup
Corn and soybean price action very constructive with low range open and high range close, knocking on door of technical breakout
Oliver Sloup
If corn breaks above 535-537 range with consecutive closes, expect additional technical momentum; failure would drop back to 428.50 support
Oliver Sloup
Soybeans at upper range with breakout above 1137 opening door to 1145-1150 with little technical resistance above
Oliver Sloup
Wheat treading water at 535-533 pivot, dependent on corn/soybean spillover strength, critical support at 525
Oliver Sloup
Live cattle in consolidation zone marking lower highs, failure above 232 keeps bears in control
Oliver Sloup
Crude oil had potential breakout yesterday but big rejection today on bearish production headlines, closing below recent lows opens more downside
Oliver Sloup
Silver ripping higher today, on verge of breaking out above October highs near 5370-54