Ag Analysis Report – 4/21/19…Is Corn Forming A Bottom??? – Part 2

I last wrote about Corn a little over a month ago,

Ag Analysis Report – 4/21/19…Is Corn Forming A Bottom???

Despite China considering a U.S. request to shift some tariffs on key agricultural goods, despite price forming lower highs and lower lows, price was respecting short and longer term up trendlines.

In a record-breaking wet spring, flooding in key farming regions has caused unprecedented delays to planting, causing lower-than-expected inventory levels. In corn, 58% of the intended planting has been done, compared with 90% at this point historically. “Now the market’s in a situation where you’re going to have very low

Crypto Contest May 31: EduCoin

EduCoin (Huobi: EDUBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, EduCoin began a wave one advance on January 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on May 15. If this wave count is correct, EduCoin should be heading next towards the April 8 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

The EduCoin platform is designed to be a blockchain-based decentralized global education service platform. You can view their development plan below.

(Sources:

Forex Price Action Baby, No Technicals or Fundamentals…Trade #17 – Sold EUR/AUD (5/30/19)

10,000 Ft View – 4 Hr Chart

What I like about the level to short is it appears to be a magnetic for price and price has topped and is round down.

So the set-up was on the 1 hr chart, were price consolidated, then took out a pivot low before pulling back.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

Bitcoin Technical Analysis: The Bears Strike Back

Bitcoin has broken down and out of the larger rising wedge its been consolidating in for the last 3 weeks. Price dropped as low as $8,000 before bulls pushed it back above $8,200. A DECISIVE break below $8150 (daily candle opening and closing) would signal a larger drop to at least $7,500 in my opinion. Daily volume is relatively strong at $27.9 billion.

Price dropped quickly below the 8 day EMA, which had been acting as support.

In today’s analysis I discuss where price may be heading next, key areas to watch, possible buy/sell targets and so much more. I hope you

Forex $1 MM Challenge – Trade #13 (5-30-19) Sold TRY/JPY

The lira was down as much as 14% this year and the lira has suffered instability since mid-March. Plunging reserves and a lack of economic policy tightening are contributing to the uncertainty in Turkey. The US-China trade war has the potential to decelerate the global economy, and so investors are rushing into the safe haven Japanese Yen.

Monthly Chart (Curve Time Frame) – monthly supply is 24.000 with no monthly demand.

Weekly Chart (Trend Time Frame) – the trend is down.

Daily Chart (Entry Time Frame) – the chart suggests to go short at the daily supply

BITCOIN: Bull Flag Broken, UP!

Finally, seems that the last wave has started moving upwards with a consistent increase in volume.

Target for this movement can reach, in my opinion, 9400 USD since I am expecting a good jump here…

However, we are witnessing the end of a few 5th type waves, leading to the completion of a major one (I)…

The likelihood of experimenting a normal “Pull Back” is now much higher, this pull back would build the 2nd wave, which, for the moment, whiteout nothing the nature and power can have a good ground at 7600 USD…

But first, let’s enjoy the RISING!!!

@toofasteddie

*Disclaimer: This is just my

J.B. Hunt Got Hunted Down

I don’t usually look at transport stocks, with the exception of FedEx and UPS, but the the following article cut my eye yesterday,

J.B. Hunt Hits a Downgrade Speed Bump From Bank of America

J.B. Hunt stock was down 2.7%, or $2.42, at $86.84 in mid-afternoon trading on the Nasdaq Stock Market after Bank of America warned of a tougher road ahead for the trucking and transportation company amid higher general rail costs as well as shifting traffic patterns.“Given secular headwinds of higher rail costs, shifting traffic patterns and refined rail lanes from Precision Scheduled Rail models, we believe volumes and JBHT’s

Crypto Contest May 30: FairGame

FairGame (Huobi: FAIRBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, FairGame began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, FairGame should be heading next towards the April 8 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

FairGame is a fair game platform based on blockchain technology. You can read their latest weekly report here.

(Sources: FairGame and Medium)

How can

Bitcoin Technical Analysis: Is Bitcoin Topping Out?

Bitcoin is showing signs of exhaustion. Yesterday I said it looked like price may test the $8,400 support. Bitcoin did break down to $8,425, where buyers stepped in to push it back above $8,600.

I apologize for the lack of text…I’m Running out the door. Here are my quick thoughts on where price my be heading next. I hope you find helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you

Tesla Will Get Bought Out Before It Falls That Low

It’s hard to bet against Elon.  Elon is a serial entrepreneur who has beaten all the odds and at times he works 120-hour work weeks and doesn’t leave the Tesla factory for days at a time.  Not even the odds, but the timing of events are really Elon and Tesla at this time.

Bad news continued to mount for Tesla (TSLA) Tuesday as Morgan Stanley outlined a worst-case scenario that calculates a potential 95% swoon in Tesla stock while the company’s short sellers are in position to see a highly profitable month of May.Morgan Stanley analyst Adam Jonas slashed his low-end