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Gamma crashing, Olives say major turns now?


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THERE IS A FACE-FULL OF IMPORTANT LEVELS, Turns in commodities, meats bounce, see Walsh for a look at todays feeders, and live.

from which to plan strategy is how I see these charts.

OL's are hitting 12 markets, maybe more as is usual. This is the panic and chaos algorithm I talk about and how it affects Human brains, the way this "engagement is that what these doink's call it?

This is water Board of Trading to Traders in slow motion. They are finishing crushing the last of floor pros. Now it cannibalizes up to Farmers and Ranchers as we have seen with 13% swings regularly off my extremes be it; trend-lines hidden in duration to you. This is how I say you pin point.

Entry orders with simple stops and forget. Your committed to buying wheat at my olive like last year Chgo, this year KC, Hey KC/CHGO spreads turned in this collapse, wheat causes cancer low, has gotten a lol.. Live across board, softs also. Cocoa, Sugar, coffee is sloppy but CHECK THAT CHART IN MAY!

Positive Wheat Spreads will now be recognized by public well off OLB's of year. Same pattern explained by a no non-sense floor trader "pit rat" by nature, adhd is it? Blankfien said he had disability so we can too now. Simple levels w stops.

Jerusalem? Watch for time bomb. Maybe North Korea cuts a defense deal? Nobody like s metals.

GAMMA IS 1ST TIME EVER CRASHING TODAY! Bloomberg.

I have over a dozen olives everywhere that hit in last 2 weeks like sugar, CT, CC now 1900. Can someone tell the shorts it's Christmas all ready. Butter is $5.75 in my Sunset's, still selling at butter olive line retail! lol but serious.

The bean charts are long term artwork. One will be exact or ticks, 1 3/8'th's in SK 9.45 I think?

Game on US DEFAULT again. I have ideas in bonds. See the boring note chart. GS Commodity ? ? ? is down its sixth year in row! That's guaranteed like gold up 11 years in row right?\

Print the chart for the next few months and put them on the desk. You can't look at the winner until some consec pattern unfolds and you may catch the whole ride. Major dislocations warning now 7 days possibly counting to, default which would be best at this point because it would curtail corporate welfare. I had 2nd hand conversation about how RX firms (evade taxes) like Abbott, North of Chgo, ABBVIE is the income tax free entity, wink, This must come to a conclusion by Saturday next! US in sequester, hit debt limit. New rules apply if,

EVERYBODY IS AFRAID TO BUY SILVER AT MY OLIVE LINES. TRUE TRADER'S? I SAY YEP. like Greenspan.

Peace,

(Boat Loans today offered at 4.37% ! ! ! SOLD is my opinion!

--
Alan Palmer

Markets in vertical swan dives, coffee sell stop now under 122.10,

122.60 big level pivot today.

Buy wheat for long term today?, then 4.09 but today we are here now.

4.20 1/2. Silver in extremes 1st but gold low into apex type setup. See Walsh.

Bean oil OLB 33.12, 3303 TL support, 3299 also, by the low today, meal poss head shoulder top on gap higher, funds sloppy longs but still may buy more.

Crude oil levels all same into holiday markets. Funds long 750k CL, Brent hit my 6407 OLS weeks ago so top is prob in. Spread losing since also. Wind down into yearned.

Today has had more trading opportunities where big money is changing hands, like wheat today.

Specializing in providing timely technical advice to the AG business community. Contact me for a free outlook in your specific product.

arp@WalshTrading.com

312.957.8248

Alan R. Palmer

Sr. Strategist

Toll Free: 1 888 391 7894

Direct: 1 312 957 8248

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arp@walshtrading.com

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About the author


Alan R. Palmer, Sr., is a successful independent trader and technical analyst specializing in agricultural, financial and stock index futures. He has worked primarily in the markets traded on the CME Group.

Alan started trading at the Chicago Board of Trade in 1986 in the 30-year U.S. Treasury bond pit as a local. In 1987, he bought his full membership the day of the historic crash and moved back to his passion, trading soybeans, and grains along with bonds and stocks. Moving from pit to pit as market indicators dictated, Alan used his charting calculations to spot pivotal points as markets crossed ‘key levels.’ This acumen is Alan’s specialty and now he delivers this knowledge and experience to his customer base. He offers a macro thought process to viewing markets and players as they act with predictive behavior acumen.

He began his career in the futures industry as a summer runner while thirteen on the floor of the CBOT in 1973 delivering orders and learning the rudimentary workings of the markets. He graduated from runner to phone clerk, delivery clerk during the Hunt silver squeeze, working for various brokerage firms. After earning a Bachelor’s degree from DePaul University while working full time, he began a career as a proprietary trader with Paul Tudor Jones, a world-renown money manager, where he perfected his technical analytical techniques.

Alan has appeared on CNBC, Bloomberg, CNN, and has been quoted in The Wall Street Journal, Chicago Tribune, Chicago Sun-Times, Bloomberg and Reuters newswires. He was the founder of Nasdog.com, an independent research and charting web enterprise, based on time-tested, support and resistance calculations for predicting multi-market swings. Alan holds an undergraduate degree in Business Finance Administration from DePaul University in Chicago.

Contact Alan:
Phone: 312.957.8248 or 888.391.7894
Email: arp@walshtrading.com

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