Posts Tagged ‘commodities futures trading’

Silver Chart – Bullish Cup-and-Handle Formation

By Kristina Zurla Landgraf • May 21st, 2009 • Category: Broker Commentary, Market Updates

Metals closed up on Wednesday, supported by a weaker U.S. dollar and worries about inflation. COMEX July gold futures rose above $940 an ounce and closed up $10.70 at $937.40, while July silver ended up 15.50 cents at $14.28 an ounce. Lind Plus Senior Market Strategist Phil Streible says the charts show more bullish potential [...]


Post-USDA Soybean Trend Shift

By Kristina Zurla Landgraf • Jan 14th, 2009 • Category: Broker Commentary, Trader Viewpoints

Sell Soybeans on Trend Shift By Dennis Cajigas and Daniel Faretta New Recommendations: Sell March soybeans at $9.90 a bushel or better; risk the trade to a close above $10.40. Look to take profits on a break to $8.56.