6/28/2013 Grain Stocks – Corn (1200 EDT)
Forecast: n/a
Actual: n/a
INDECISIVE
Started @ 528.50
1st Peak @ 525.00 – 1200:00 (1 min)
13 ticks

Reversal to 541.00 – 1200:08 (1 min)
-64 ticks

2nd Peak @ 516.00 – 1200:40 (1 min)
50 ticks

Final Peak @ 511.00 – 1202 (2 min)
70 ticks

Reversal to 524.50 – 1207 (7 min)
54 ticks

Notes: Report Reaction caused a dangerous scenario of a double wicker. It shot short for 13 ticks in the opening second, then reversed long for 64 ticks in the next 8 sec. It methodically fell for a total of 100 ticks after that to the end of the :01 bar. With JOBB, you would have filled short at about 526.00 with 4ticks of slippage, then your opposite entry would have filled at about 532.00 with 8 ticks of slippage resulting in a 24 tick loss. It is unclear what caused the dangerous reaction, and very little banner news is available to discuss the results of the report. The overall trend ended up being quite bearish as the dust settled, the ZC was trading about 50 ticks lower than where it was before the report. It achieved a final peak at 511.00 on the :02 bar for 70 ticks from the origin, before reversing back to the 20 SMA and S4 Pivot for 54 ticks. Then it drifted lower and traded sideways until the session closed. After the previous 5 reports we had observed were safe, this was quite a disappointment.

1/11/2013 Grain Stocks – Corn (1200 EST)
Forecast: n/a
Actual: n/a
SPIKE WITH 2ND PEAK
Started @ 687.00
1st Peak @ 717.00 – 0703 (1 min)
120 ticks

Reversal to 701.50 – 0714 (14 min)
62 ticks

2nd Peak @ 723.75 – 0756 (56 min)
147 ticks

Reversal to 712.75 – 0848 (108 min)
44 ticks

Notes: Report time shifted to 1200 Eastern for this and all future reports. Report Reaction caused a long spike of 120 ticks over 3 bars that completely changed the sentiment of the market as it had been selling off below the S3 Pivot and was at the LOD. The report drove it North through every measurable level of resistance to peak over 40 ticks above the R3 Pivot. After the first peak, it retreated to the R2 Pivot and 20 SMA in about 10 min, then engineered a long developing 2nd peak for another 27 ticks above the 1st peak nearly an hour after the report. I would be cautious trading later moves as you are in the afternoon session of Friday, but this was a very solid report. The final reversal after the 2nd peak yielded 44 ticks in about 50 min.

6/29/2012 Grain Stocks – Corn (0830 EDT)
Forecast: n/a
Actual: n/a
SPIKE/REVERSE
Started @ 633.25
1st Peak @ 615.50 – 0831 (1 min)
71 ticks

Reversal to 648.00 – 0840 (10 min)
130 ticks

Notes: Report Reaction caused an unsustainable short spike of 71 ticks on the :01 bar that hit the S2 Mid Pivot and retreated after about 10 sec. The report caused a follow on quick reversal that changed the polarity, yielding 130 ticks to extend the HOD and hit the R2 Pivot. After that it trended lower within a trend channel, oscillating lower with each cycle taking about an hour.