Today, Flat-Price mean reversion algos are selling Wheat, Corn, Soybeans, Soymeal and Soyoil.
Trend following algos are selling Wheat and Soymeal.
Tues-Thurs, reversion algos sold the above markets, as well as Canola, Rapeseed and Palm Oil (trend also).
Alert: if the Grain and Oilseed markets continue to roll-over the large volume trend sell-stops / profit-taking levels will accelerate higher.
Time Spread algos are inactive today with mixed orders in H1/K1 pairs. They remain max long old/new crop spreads in corn and the oilseed complex, with sell-stops distant.
Relative Value algos have been buyers of both Soybean Crush and Ethanol Crush over the past couple of days.
Screen-shots from our soon-to-be launched TradeFlow Radar v3 Web Portal can be found below.
Please refer to last night’s separate TFR v2 reports for coverage across all commodity sectors, currencies, short rates, sovereign debts and equities.