We analyze the Canola futures market, focusing on Saskatchewan cash prices which are relative to Alberta and Manitoba.
Employing charting techniques, he examines current market trends, offers guidance to agricultural producers on sales and futures positions, and discusses the potential impact of head and shoulder patterns on future price movements.
Click the image to watch our video.
Video Timestamps
00:00 Market Impact of WASDE Report
00:24 Analyzing Canola Futures
01:37 Fibonacci Retracement Levels
03:40 Daily Chart Insights
04:07 Producer Strategies and Sentiment
04:56 Saskatchewan Market Trends
05:20 Potential Head and Shoulders Pattern
06:12 Conclusion and Future Outlook
Subscribe to Premium to read the rest.
Become a paying subscriber of Premium to get access to this post and other subscriber-only content.
Upgrade