Corn Futures | Dollar Index with Eurodollar Futures as Meta Indicator | Nikkei

Note: this post is 8 months old. . I publish on a regular basis. Please use the search system (or browse the archives) to see if I wrote something else about this subject since this post

Corn Futures made an about turn, dropping drastically from 426 through my stop position at 400 closing down at 392. Overnight they continued their selloff through to 372. Previous profits generated in corn futures were wiped out as I got stopped out (thankfully) at 398. In Hindsight there was no way my technicals had forecast such a retracement. Will begin going long Corn only if bullish trend develops again with crossover averages.

US Dollar Index, continues its retracement. Moment of truth depends on Index holding the 76.500 level. The meta indicator continues to be the Eurodollar futures. Fractal show Eurodollar December 2011 futures rallying to the 97.650 level. I will be taking on a large short position on Eurodollar futues at those levels and will use occasion to increase my exposure on the US Dollar.

Nikkei continues to hoover at the 10900 level. On the sidelines.

By Andrew Shawn – Recursive Investments in Global Financial Markets

Readers who viewed this page, also viewed:

Trends in 2010
Powered by Where did they go from here?

Financial Markets | RefCapGroup | January 14, 2010 11:54 am

No Comments

No comments yet.

RSS feed for comments on this post. TrackBack URI

You must be logged in to post a comment.

Video of the Day
Andrew Shawn Aussie Australian Dollar Britain C Canadian Dollar Commodities Commodities and Futures Corn Corn Futures Correlation CRB Crude Oil Dax Divergence with Gold DJ Euro Stoxx Eurodollar Forex Fractal Head and Shoulders FTSE Futures Gold Hang Seng Investing Iterated Systems James R Keene Japan Japanese Exports JGB JGB Futures Kospi Macro Trades MSCI Taiwan Nikkei Nikkei 225 OJ Orange Juice Orange Juice Futures Pound Reflexivity SMI SPI 200 Trends US Dollar Index Yen
WP Cumulus Flash tag cloud by Roy Tanck and Luke Morton requires Flash Player 9 or better.
Recent Posts
Joke of the Day
“Vacation

An Illinois man left the snow-filled streets of Chicago for a vacation in Florida. His wife was on a business trip and was planning to meet him there the next day.

When he reached his hotel, he decided to send his wife a quick email. Unable to find the scrap of paper on which he had written her email address, he did his best to type it in from memory.

Unfortunately, he missed one letter and his note was directed instead to an elderly preacher's wife, whose husband had passed away only the day before. When the grieving widow checked her email, she took one look at the monitor, let out a piercing scream and fell to the floor in a dead faint. At the sound, her family rushed into the room and saw this note on the screen:

DEAREST WIFE: JUST GOT CHECKED IN. EVERYTHING PREPARED FOR YOUR ARRIVAL TOMORROW.
P.S. SURE IS HOT DOWN HERE.”
by Clydes Jokes, Vacation

Quotes
“Once you make $50 Million you have a different perspective on life ”
by David Rubenstein - Carlyle Group, Book - The Iron Triangle
Papers written
Website Navigation
- Home
- Investment Journal
Favorite Books

Get the Flash Player to see the slideshow.
Search for:
Meta
September 2010

M T W T F S S

« Aug

1 2 3 4 5

6 7 8 9 10 11 12

13 14 15 16 17 18 19

20 21 22 23 24 25 26

27 28 29 30
Archives
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006