• Grains sharply higher in Chicago Tuesday Jan 6th, 2009, 18:31 - UPI (Length: 1004)
• USDA-JO: Portland Weekly Feedstuffs Jan 6th, 2009, 15:21 - .DA (Length: 7260)
• USDA-JO: Bids for Grain Delivered to Portland Jan 6th, 2009, 15:11 - .DA (Length: 5007)
• USDA-MS: Minneapolis Cash Grain Jan 6th, 2009, 15:01 - .DA (Length: 5395)
• USDA-JO: Bids for Grain Delivered to Portland Jan 6th, 2009, 12:11 - .DA (Length: 5140)
• Grains mostly higher Monday in Chicago Jan 5th, 2009, 17:36 - UPI (Length: 1062)
• USDA-JO: Bids for Grain Delivered to Portland Jan 5th, 2009, 15:11 - .DA (Length: 5264)
• USDA-MS: Minneapolis Cash Grain Jan 5th, 2009, 14:51 - .DA (Length: 5373)
• USDA-JO: Bids for Grain Delivered to Portland Jan 5th, 2009, 12:01 - .DA (Length: 4994)
• Grains mostly higher in Chicago Friday Jan 2nd, 2009, 17:02 - UPI (Length: 948)

[ More Oats News ]

Analysis

Tue 1/6/09

Mov Avg 3 lines Indicator:

Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average

Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term: Even though based on conventional interpretation the market is technically bearish, we will not classify it as extremely bearish until the following occurs: the fast moving average slope is down from previous bar, the slow moving average slope is down from previous bar, price goes below the fast moving average, price goes below the slow moving average.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Long Term: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average.

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is above the moving average so the trend is up.

Additional Analysis: CAUTION: The market trend has changed direction. Now the trend is UP!

Swing Index Indicator:

Conventional Interpretation: The swing index is most often used to identify bars where the market is likely to change direction. A signal is generated when the swing index crosses zero. No signal has been generated here.

Additional Analysis: No additional interpretation.

Volatility Indicator: Volatility is trending up based on a 9 bar moving average.

Open Interest Indicator: No open interest value in the database for this bar. Note: Open interest not available for all data types.

Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.

Note: The above analysis is computer generated from mathematical formulae, and is provided for educational purposes only. Neither the above, nor any information on this site is intended as a trade recommendation.