BIGWIG Archive
See all past analysis
Despite recent bearish trend, models predict a potential short-term bounce with 0.37% expected return next day. Weekly outlook suggests returns of 0.9% to 1.6%. Recommended strategy: Look for entries near support with tight stops.
Traders should watch key support at 296.90 and resistance at 309.50. Recent bullish breakout to 314.00 backed by substantial volume suggests further upside potential. Consolidation phase now testing previous resistance as new support.
Despite recent volatility, corn maintains its bullish momentum with the 5-day moving average above the 14-day average. Short-term swings from -1.68% to +2.42% present tactical trading opportunities.
Traders should watch the crucial support at 194.70 - a break below could trigger further selling. Key resistance sits at 209.35. The widening price range suggests increased volatility ahead.
Soybean Meal shows decisive bullish action with a 5.46% monthly gain and recent breakout above 309.50. Strong institutional buying evident with nearly 89,000 contracts traded during the breakout session.
Corn futures saw their biggest single-day decline of -3.94% on Feb 7, but strong support levels at 470-475 could provide a floor for prices. Key resistance sits at 495-500, creating a clear trading range for market participants.
Live Cattle futures have taken a sharp bearish turn, dropping 3.35% in the past week. Heavy selling volume of 23,857 contracts in the latest session signals strong institutional selling pressure.
Models project 6.4% gain over next month with strong technical support at 20,192. Declining volatility and increasing volume support bullish outlook.
Technical models show high probability of continued upside, with momentum indicators remaining strong. Risk factors include increasing daily volatility - suggesting tighter stop-losses needed.
Bearish sentiment rising with 25% negative news coverage and no positive reports in latest session. However, institutional buying remains steady, suggesting underlying strength.
DAX approaching crucial resistance at 21,902 - breakout could trigger significant upside. Strong support base at 20,132 provides clear stop-loss level for long positions.
Monthly analysis reveals a dominant bullish trend with 74.24% upward movements. Model shows exceptional 97.83% accuracy in monthly predictions, suggesting high reliability for longer-term positioning.
FORECAST: Models predict bearish pressure intensifying over longer timeframes. While daily moves remain contained (-0.85% to +0.80%), 20-day outlook shows potential for 4-7% decline. Model accuracy strongest for longer-term predictions with 0.76% MAE.
DAX shows strong upward momentum with 2.8% gain over past week, despite profit-taking in latest session. Heavy trading volume supports price action credibility.
Trading model shows exceptional accuracy for upward movements with 100% precision rate. The 5-day moving average emerges as a key indicator for short-term trades, carrying 11.34% predictive weight.
Trading Strategy Update: Maintain bearish bias as 5-day MA (5.7850) stays below 20-day MA (5.9173). Key support at 5.75 - a break below could accelerate selling. Recent 5.04% decline suggests strong downward momentum.
A potential buying opportunity is emerging with price testing key support at 1.42612. The optimal entry zone for long positions lies between 1.42612-1.43000, with weakening selling pressure suggesting a possible bounce.
Model shows 100% accuracy for 30-day projections with 77.6% probability of upward movement. Best entry opportunities present during moderate pullbacks within 5% of 50-day moving average. Multiple timeframe momentum indicators all align bullish.
ALERT: USD/BRL is forming a tight consolidation pattern between 5.75-5.85 amid unusually low volume. Traders should watch for a potential breakout move as volume returns to normal levels. Recent price swings of -0.85% to +0.80% indicate building momentum.
USD/CAD has experienced a sharp decline of 2.87% with crucial support at 1.42612 now in focus. The low trading volumes suggest potential for a short-term reversal.
Trading algorithm shows exceptional 91.8% accuracy for 7-day price movements. Best entry points identified when stock trades 2-4% above 20-day moving average. Caution advised when volume spikes above 2x average, as prediction accuracy drops significantly.
USD/BRL has dropped 4.3% in the past month, with clear trading ranges emerging. Key levels to watch: resistance at 6.10 and support at 5.73. Volatility remains contained, suggesting a stable trending environment for traders.
