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Friday, 01/06/2012 10:39:30 AM

Friday, January 06, 2012 10:39:30 AM

Post# of 784
Agriculture Stocks Are Stuck In The Mud


This morning, most of the leading agriculture stocks are coming under early selling pressure. This industry group is trading into heavy resistance on the daily charts. The Market Vectors Agribusiness ETF (NYSEARCA:MOO) is a good way to track the agriculture sector. Today, the MOO is trading lower by 0.39 cents to $48.66 a share. This important ETF has a lot of daily chart resistance around the $50.00 level. Short term traders should watch for intra-day support around the $48.50, and $48.00 levels. ...Continue reading here: http://bit.ly/wmWi0F

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