by Ramki | Nov 30, 2010 | Soybean Oil
Soybean oil futures have been behaving quite technically, and an alert trader could have spotted some easy low risk trades. Take a look at the first chart of CBT Soybean oil January delivery futures. This is a weekly chart. The first thing you notice is the price...
by Ramki | Nov 28, 2010 | Palm Oil
In the short period of just four months from July, Malaysian Palm Oil futures had rallied from 2,270 to 3,542 ringgit, or almost 56%. Global demand has been larger than supply for the first time in eight years, and China, the biggest user of commodities, has seen its...
by Ramki | Nov 28, 2010 | Euro
On November 9, I suggested in these pages that the high at 1.4281 was probably an irregular B wave and so after a brief downmove, we should look for a move higher from 1.3650 (with1.3570 being the outer limit of the so-called correction). Any casual reader who looks...
by Ramki | Nov 23, 2010 | Silver
A reader requested for an analysis of Comex Silver, and I decided to take some time off to look that up. The chart is quite interesting. Maybe I should start writing more on commodities! Anyway, here goes. We should take a look above 3000 and then come down in a...
by Ramki | Nov 21, 2010 | India
How conveniently the 2-G scam has boiled over just when the NIFTY index has come within a handshake of the 2008 highs! But if you go back in time and look at all major events, you will find that technicals were also just about ripe for a turn in direction. The...
