Stoffel vd Merwe

RSA Commodity Trader...

[Signal-Scoop.com @Signal_Scoop]

#qqq Nasdaq structure something to keep a close eye on. Starting to challenge 50 period support. Momentum flow is long, down here they could need to adjust there positioning as it favours a short if its stays here. As always we need a break of 28500 down or 30400 upwards

[Signal-Scoop.com @Signal_Scoop]

#leanhogs has nice structure. 20 period resistance broke, now challenging 50 period resistance at 102. Long/short shows momentum flow short, at these levels they have to buy and get long. Tightness shows a price squeeze. Lets look for a break

[Stoffel vd Merwe @stof1989]

@traderchicago7 Nice, do you mainly do option structures or just puts or calls?

[Stoffel vd Merwe @stof1989]

@traderchicago7 Jip system fully short, would have gotten you in early as well🙂 50 period structure break at 235 was also a signal

[Stoffel vd Merwe @stof1989]

@traderchicago7 Wheat 20% long, levels above max long, funds will keep bidding wheat!

[Stoffel vd Merwe @stof1989]

@traderchicago7 Soybeans 27% long, levels imply max long

[Stoffel vd Merwe @stof1989]

@factor_members Seeing the same Peter, brake of 50 period support and target for me at 100 period support 10.66

[Signal-Scoop.com @Signal_Scoop]

#Soybeans our structured approach identified the levels, when the 50 period breaks we sit up. Seems like a strong break with funds going from Long to Short. 100 Period support at $10.66 looks like a good target

#oatt

[Stoffel vd Merwe @stof1989]

@TradeWithRR @factor_members The world has felt different since 2020. Each year delivers a once in a lifetime event- covid, Rus/UKR, US/Iran list goes on. Feels like there is forces at play

[Signal-Scoop.com @Signal_Scoop]

#Soybeans we saw the structure on this one as well. Look at price tightness on the 50 period, thats the reason we have prices flip flopping. Its a game of chicken , long or short being squeezed, someone will come hunting for liquidity into July expiry, we will trade the breakout

[Stoffel vd Merwe @stof1989]

@factor_members

[Signal-Scoop.com @Signal_Scoop]

July #soybean structure still in place. We are bearish if $11.70 break down or bullish if $12.40 breaks up. Thightness is low on 20 and 50 period thus this break will happen soon

#oatt

[Signal-Scoop.com @Signal_Scoop]

Nice structure on daily #vix look for a break of 17 of 19.50. Low tightness building on the 20 period.

#nasdaq #gold #silver

[Signal-Scoop.com @Signal_Scoop]

#Wheat structure looking to turn bullish, 20 period resistance starting to break on the monthly. Lets look for follow through
#oatt

[Signal-Scoop.com @Signal_Scoop]

#Silver market structure: we are seeing 20 Period resistance breaking upwards. Tough 50 period resistance is up ahead at $90-94, if this breaks we can get excited. Nice support at $70. #mining #commodities #preciousmetals

[Signal-Scoop.com @Signal_Scoop]

#XRP has very interesting structure. The market is wedge inside 20, 50 and 100 period support and resistance. Creating tighness on all 3 periods, the next break up or down will be an excellent trading opportunity. #Ripple #XRPUSD

[Stoffel vd Merwe @stof1989]

@factor_members Nice tightness on the 100 period. Should see the market taking a longer term side soon

[Signal-Scoop.com @Signal_Scoop]

#Corn tried to break structure at $4.60. For now we see support rising a bit, should say the market needs to hold above $4.60 for upward structure to improve. 50 period Resistance at $4.80, support at $4.50