rounded corner
rounded corner
top border

Buy Wheat Sell Stocks?


Bookmark and Share

Good Friday

Throw some money away on Wheat calls?

Watch if the olive buyer sucks up all the selling, without spooking, back up to KWK 4.32, 428 powder blue so 2 #s within 2c.

And suck up selling to 441 KWAN.

CATTLE AND FC levels live new highs.

CN 373 5/8ths OLB2, tight stop, 370 next if.

What is sugar low today, 12.11 an OLB1 if bullish. Wheat can turn here.

You must decide like in Dow Jones touted olive extreme sell 26.050-ish. Risk now much bigger.

Nobody wants to buy wheat? I'm here. Did you just see 8c break and come back in minutes?

W- in general, Explosive higher to me over old lows. Can we break until month end? Yep, I got a little wishy or scared.

Did funds sell enough this month?

WN 443, 433 in case.

KWAN 437.5 was OLB on home CQG, its same as 441. Its still 4c tight and over 442.5.

DEC Corn has a TL at 3.88 again like last week. It might be considered a gap also, 2c stop ish if bullish.

Did Cocoa hold? CT live.

Its just like dow OLS2 26,292 vs., 26324-ish but those were as big as you get for most part.

Each trader tends to get filled, not always of course.

Lumber hit a big green 358 and has not looked back, limit up again.

Dow 25,208 better hold for bulls. The olive line got bulls all jacked-up last two weeks to me. Cramer last week was it?

Interesting who pawns off these olive line bullish dope, on the markets.

Lumber- still screaming after Big green 358.40 hit, 391 last.

Dollar TL 9708 9682 ish, air above.

Meal N 307.

Gold ? 1276.

Bonds recently and today range about 2.98% ish -3.14% last week, now back up by a small Olive sell 146.04. 06 high. Back over 3% now? Range trading.

Olive doesnt care of reports.

Stocks, look out if 25,210 dow H holds. or folds like Gold 1303.

Dow 26050 and NASD have hit olive sells by highs, dow split the two levels.

The NASD kind of hit me. It only could muster rally to green.

That is like the Dow in another crash year, and when the green was born in my studies.

Best Always,

Good Friday

Throw some money away on Wheat calls?

Watch if the olive buyer sucks up all the selling, without spooking, back up to KWK 4.32, 428 powder blue so 2 #s within 2c.

And suck up selling to 441 KWAN.

CN 373 5/8ths OLB2, tight stop, 370 next if.

What is sugar low today, 12.11 an OLB1 if bullish. Wheat can turn here.

W- in general, Explosive higher to me over old lows. Can we break until month end? Yep, I got a little wishy or scared.

Did funds sell enough this month?

WN 443, 433 in case.

KWAN 437.5 was OLB on home CQG, its same as 441. Its still 4c tight and over 442.5.

DEC Corn has a TL at 3.88 again like last week. It might be considered a gap also, 2c stop ish if bullish.

Its just like dow OLS2 26,292 vs., 26324-ish but those were as big as you get for most part.

Each trader tends to get filled, not always of course.

Dow 25,208 better hold for bulls. The olive line got bulls all jacked-up last two weeks to me. Cramer last week was it?

Interesting who pawns off these olive line bullish dope, on the markets.

Lumber- still screaming after Big green 358.40 hit, 391 last.

Dollar TL 9708 9682 ish, air above.

Meal N 307.

Gold ? 1276.

Bonds recently and today range about 2.98% ish -3.14% last week, now back up by a small Olive sell 146.04. 06 high. Back over 3% now? Range trading.

Olive doesnt care of reports.

Stocks, look out if 25,210 dow H holds. or folds like Gold 1303.

Dow 26050 and NASD have hit olive sells by highs, dow split the two levels.

The NASD kind of hit me. It only could muster rally to green.

That is like the Dow in another crash year, and when the green was born in my studies.

Best Always,

Bonds recently and today range about 2.98% ish -3.14% last week, now back up by a small Olive sell 146.04. 06 high. Back over 3% now? Range trading.

Stocks, look out if 25,210 dow H holds. or folds like Gold 1303.

Dow 26050 and NASD have hit olive sells by highs, dow split the two levels.

Cotton- Real quick here on this spread. Notice my olive colored line buy levels. .34 and -.14 ish.

We split the olive buys in spread on one day but point is sell the green 1.93 over, after it hits buy level.

Its an algo swing trade that I see everywhere.

CTN- My olive Naked buys are 72.37, 7100-ish. Hit Filled top one. May was 50c sloopy.

Each month plays different is how they get you guys.

What do you think naked price cotton?

I sell these levels also.

Feel free to call anytime and I will get back if you think these type extremes might fit in your program.

I can show algo trading teams use this.

It says buy KC wheat KWAN 4.42, a big buy extreme if so inclined.

Alan Palmer

HighGround Trading LLC
425 S. Financial Place Suite 2301
Chicago, IL 60605
312-870-1184

AlanP@HighGroundTrading.com
www.highgroundtrading.com

https://accountforms.rcgdirect.com/default.aspx



HighGround Trading, LLC (HGT) is a registered Introducing Broker (IB) registered under United States Laws. HGT makes no representations or warranties regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person. Nothing contained herein shall be construed as a recommendation to buy or sell commodity futures or options on futures. This communication is intended for the sole use of the intended recipient. HGT is a member of the National Futures Association.

Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

All information, communications, publications, and reports, including this specific material, used and distributed by HGT shall be construed as a solicitation for entering into a derivatives transaction. HGT does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.




Recent articles from this author



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.  S-3 registration.

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 Alans 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 Bachelors 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 is the founder of NASDOG.com, an independent Paid research and charting web enterprise, based on time-tested, support and resistance calculations for predicting multi-market swings, levels. Alan holds an undergraduate degree in Business Finance Administration from DePaul University in Chicago.

 

contributing author since 12/03/2017

Published by Barchart
Home  •  Charts & Quotes  •  Commentary  •  Authors  •  Education  •  Broker Search  •  Trading Tools  •  Help  •  Contact  •  Advertise With Us  •  Commodities
Markets: Currencies  •   Energies  •   Financials  •   Grains  •   Indices  •   Meats  •   Metals  •   Softs

The information contained on InsideFutures.com is believed to be accurate but is not guaranteed. Market data is furnished on an exchange delayed basis by Barchart.com. Data transmission or omissions shall not be made the basis for any claim, demand or cause for action. No information on the site, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options contracts. InsideFutures.com is not a broker, nor does it have an affiliation with any broker.


Copyright ©2005-2019 InsideFutures.com, a Barchart.com product. All rights reserved.

About Us  •   Sitemap  •   Terms of Use  •   Privacy Policy