Hey, I think MOO drops, and significantly so. I'm not shorting yet, but I'm posting my idea ahead of time. I WILL short this when SPY hits $390
Buy Stop 85.46 LMT 85.46 GTC Sell Limit 89.01 GTC Sell Stop 82.49 DAY MOO daily late entry ABC correction if we clear both candles from above we can run into MA 200
Hey everybody, I've been following MOO as of late as I'm currently short DE and waiting on an entry for CAT short as well; I've noticed that it has essentially been forming a Wyckoff-style distribution pattern, and is one of the few sectors in this market that isn't brutally beaten down at this point. I'm currently expecting a countertrend rally upwards in this...
Weekly charts showing what is working in the market. I show the ETF first and them some strong names in the group. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of...
Market Vector agribusiness ETF has broke out of the 10months consolidation in ascending triangle by a GAP up whether this breakout is for real, we will find out soon if it can find support or not, should it re-test the upper triangle line However, there is nothing to celebrate yet as you can see that the 2008 June top is sitting at 66 though having said that: i...
I see ag as one place where there is some great fundamental growth potential. Creating a spread based on commodities is just a way to lower risk.