Author: Jim Wyckoff

by Jim Wyckoff, Senior Analyst TraderPlanet.comJULY SOYBEANJuly soybean prices Friday closed higher, near the session high, at the weekly high close and hit a fresh three-month high. Bulls have solid upside momentum and gained...

by Jim Wyckoff, Senior Analyst TraderPlanet.comJUNE GOLDJune COMEX gold futures closed up $7.90 at $661.00 today. Prices closed near the session high today on short covering and on a rebound in the Chinese stock market after...

by Jim Wyckoff, Senior Analyst TraderPlanet.comJULY SUGARJuly sugar closed up 5 points at 9.43 cents today. Prices closed nearer the session high and closed at the highest closing level in six weeks today. Bulls have gained...

by Jim Wyckoff, Senior Analyst TraderPlanet.comAUGUST LIVE CATTLEAugust live cattle closed up $0.27 at $91.42 today. Prices closed nearer the session low. Gains were limited today by weakening boxed beef prices. The bears’...

by Jim Wyckoff, Senior Analyst TraderPlanet.comJULY SOYBEANSJuly soybean prices Friday closed higher, near the session high, at the weekly high close and hit another fresh three-month high. Bulls have solid upside technical...

by Jim Wyckoff, Senior Analyst TraderPlanet.comJULY CRUDE OILJuly crude oil closed down $1.59 at $64.18 a barrel today. Prices closed nearer the session low today on profit-taking pressure. Bulls are now fading. The next upside...

by Jim Wyckoff, Senior Analyst TraderPlanet.comJUNE GOLDJune COMEX gold futures closed up $2.70 at $662.60 today. Prices closed nearer the session high today on some short covering and bargain-hunting buying. Some near-term...

by Jim Wyckoff, Senior Analyst TraderPlanet.comJULY SUGARJuly sugar closed down 10 points at 8.77 cents today. Prices closed near the session low. Bulls just cannot muster follow-through strength when the market does see an up...

CURRENCIES The December U.S. dollar index is steady in early trading, following solid losses late last week. Slow stochastics are bearish for today. The dollar index finds shorter-term technical resistance at 85.60 and then at...

Monday, October 30–Jim Wyckoff’s Early Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The feature in overnight/early morning trading today is solidly lower crude oil prices. Stock indexes are weaker and...