Corn (CME ZC Sep14), Wheat (CME ZW Sep14), Arabica Coffee (ICE KC Sep14), VIX (CFE VX Aug14) continue to exhibit bottoming action today and are positioned to forming a tradable bottom that is likely to be followed by a rally lasting into mid next week. S&P500 (CME ES Sep14)/Nasdaq100 (CME NQ Sep14) on the otherRead More
Tag: Nasdaq100
Corn (ZC)/Wheat (ZW)/Coffee (KC) Bottoming, S&P500 (ES)/Nasdaq100(NQ) Topping
Corn (CME ZC Sep14), Wheat (CME ZW Sep14), Arabica Coffee (ICE KC Sep14), VIX (CFE VX Aug14) are well placed this week to form an interim tradable bottom, and ES/NQ to form an interim tradable top. Yesterday`s price action saw ZC, ZW, KC and VIX rallying after strong selling pressure the previous week. ES/NQ continuedRead More