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Managed Inflation Expectations, Bonds to Cattle

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Good Pre Unenjoyment Thurs,

Unemployment out Friday. I think we running a little hot. Watch wages.
Bonds get tattooed on 4th olive buy attempt, 139.23, a low a couple times UNTIL ITS NOT.

Long term macro opinion is wildly bullish inflation. I quoted 2.97% low tick for months but now long term interest rates are up over 13% to 3.37% unforseen back when non inflation flatten-ers were blown out of shorts.
Bond risk is higher rates immediately under 139.23. Support now getting thin.

Cattle- alert levels for turns are live but now in back month 2019's. I want to buy LCZ on breaks long term. Backs No because around sell Olive' signals.

Coffee- back over 100.30 turns this pos. Get some levels and use risk stops.
Sugar H olb was double bottom and that outside down bar that plays havoc to generic algos.
This signal also had corn bears Friday get crushed this week. Corn lower is plain old cheap.

Oats- we did see a nice 40c rally finally ignite over out 258 powder blue pivot, buy aggressive breaks my opinion.

Beans- back over 850 is powerful, 3 level pivot for long term folks. Bean longs? Whats the hard trade?

Meal- last weeks of highs is LT TL, sell 319 if you need a green pivot level.
BOZ- hit OLB 2731 and now we hear bull news? 2992 is sell 1st time up off OLB, hit today.
BOZ- OLB, now Green sell
Why bother with fake late news?

US dollar- if looking to short dollar give me a call. If IRS aint getting tax dollars now? Sell levels up against 9600 level, both sides.
Does that effect demand? Plenty of opinion trade ideas across board with conditions live in sequential patterns.
Stocks- new story unfolding today so stay alert if bearish.

Hogs- solid pivot 54.55 gave shorts reprieve to cover. Just play extremes and have less opinions is my trading advise. Use stops and buy next level down.

Best Always,


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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, 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

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