by Jim Wyckoff, Senior Editor, TraderPlanet.com DECEMBER GOLD December gold futures closed down $20.90 at $711.90 yesterday. Prices closed near the session low yesterday, hit a fresh three-week low and did see a bearish downside...
Read MoreThursday, November 13–Jim Wyckoff’s Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS There is no standout market features in overnight/early morning trading today, as major markets are trading closer to unchanged...
Read Moreby Jim Wyckoff, Senior Analyst, TraderPlanet.com MARCH SUGAR March sugar closed down 17 points at 11.83 cents yesterday. Prices closed near mid-range. Bearish “outside markets” yesterday–lower crude oil prices,...
Read MoreWednesday, November 12–Jim Wyckoff’s Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are firmer U.S. stock index futures prices and lower crude oil...
Read MoreThose who have read my features know I base the vast majority of my trading decisions on technical indicators and chart analysis–and also on market psychology. However, I do not ignore certain fundamentals that could...
Read MoreI was busy Friday morning writing my “Glance at the Markets” feature for financials, when I got an email from a trader. He said he was bullish coffee and wanted to go long. All morning long, it seemed, trader emails...
Read MoreA while back, I received several emails from readers wanting to know if they should short the crude oil market because of its lofty price levels. I responded that I don’t give specific trading recommendations, but I...
Read MoreIhave told my readers that one of the best methods to trade a market is to jump on board when prices “break out” of a congestion or “basing” area on the charts and begin a new trend. I have also stressed...
Read MoreI have discussed in past articles how volume and open interest can be used to help identify and confirm market situations and trading opportunities. I’ll take open interest one step farther in this column by examining the...
Read MoreA good percentage of my readers are futures traders who consider themselves beginners and have traded for less than one year. Most of these readers are very hungry for information they can digest in order to move “up the...
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