1. AGEC 420, Lec 311 Agec 420 Markets TradeSim Technical Analysis

2. AGEC 420, Lec 312 Corn Market Bot 1 MidAm Dec Corn @ 2.29¼, March 6 Close $ +/- Tu., Apr. 92.22 ¾ -$65.00 CBOT: http://www.cbot.com/http://www.cbot.com/

3. AGEC 420, Lec 313 Cattle Market April 3; buy 1 MidAm April LC @ 71.55 NOT FILLED Close Change Apr. 371.625 Apr. 470.125-1.50 Apr. 568.675-1.45 Apr. 867.675-1.00 Apr. 968.925+1.25 Apr. 10 (11:30am)67.425-1.50 Cattle: http://futures.tradingcharts.com/chart/LC/42http://futures.tradingcharts.com/chart/LC/42

4. AGEC 420, Lec 314 Technical Analysis 2 main types 1. Charting –Bar charts are the most common –Others – Japanese candlestick –Elliot wave theory 2. Indices –Moving averages –Relative strength index

5. AGEC 420, Lec 315 The Bar Chart Axes show price and time Vertical bars –price range (day or week) top of the bar --> highest price bottom --> lowest price tick on RHS: closing price

6. AGEC 420, Lec 316 Charts Two basic “categories” of chart patterns 1. Trends and trend reversals Rationale: bandwagon effects, gradual release of information

7. AGEC 420, Lec 317 Charts “Categories” of chart patterns (cont.) 2. Resistance and support planes and associated topping and bottoming patterns Rationale: “investors memory” sell when it gets back to the price they bought at buy when it gets down to where they wish they had bought

8. AGEC 420, Lec 318 Charts Trends and reversals

9. AGEC 420, Lec 319 Downtrend and reversal Downtrend: Downward sloping line drawn above prices, connecting the highs. Close above a downtrend --> buy signal

10. Close above a downtrend

11. Close above downtrend

12. Close above a downtrend

13. AGEC 420, Lec 3113 Uptrend and reversal Uptrend: Upward sloping line drawn underneath prices, connecting the lows. Close below an uptrend --> sell signal

14. Close below an uptrend

17. AGEC 420, Lec 3117 Charts Resistance and support planes Topping and bottoming patterns

18. AGEC 420, Lec 3118 Tops and Bottoms Double top (bottom) Head and Shoulders (top or bottom) Illustrate on blackboard