Tag : commodity consulting Soybeans

Mike Seery’s Daily Commodity Comments For 9-3-19
Mike Seery’s Daily Commodity Comments For 9-3-19

Silver Futures—Silver futures in the December contract is trading higher by 32 cents at 18.66 up by 1.75% hitting a 2 year high continuing its bullish momentum to the upside with the next major level of resistance at the November 7th 2016 high of 19.00 as I think that area could be tested in this week’s trade. I have been…

Mike Seery’s Daily Commodity Comments For 8-23-19
Mike Seery’s Daily Commodity Comments For 8-23-19

Soybean Futures—Soybean futures in the November contract settled last Friday in Chicago at 8.79 a bushel while currently trading at 8.62 down about $0.17 for the trading week as prices are hovering right near a 3 month low. I have been recommending a bearish position from the 8.80 level and if you took that trade continue to place the stop…

Mike Seery’s Daily Commodity Comments For 8-20-19
Mike Seery’s Daily Commodity Comments For 8-20-19

Orange Juice Futures—Orange juice futures in the September contract is trading lower for the 2nd consecutive session down another 40 points at 94.00 hitting a contract low in yesterday’s trade coupled with the fact that prices are now right near a 9 year low and still looks negative in my opinion. I’ve been recommending a bearish trade from the 98.50…

Mike Seery’s Daily Commodity Comments For 8-16-19
Mike Seery’s Daily Commodity Comments For 8-16-19

S&P 500 Futures—The S&P 500 in the September contract settled last Friday in Chicago at 2919 while currently trading at 2875 down about 45 points for the trading week experiencing incredibly high volatility as that situation is going to become more violent in the coming months ahead in my opinion. At the present time I’m not involved as I’m advising…