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Monday, December 19, 2011

Signal day in the commodities market

Sugar, Corn, Wheat, Coffee.. all of those markets today had a signal that there the buyers are starting to get in. Corn and Wheat gave the strongest signal. I suggest keeping an eye at those commodities. In case I see the change in the dynamics of the price I will be entering long positions. Anyway, in case you will read this blog I will definitely inform you guys.  

Here are the charts. Look at the price Japanese candlestick formations, moving averages, price dynamics in hourly charts. Here are the first signals that the down trend might be over for a short term trader.. 


 

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