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Grain Commodity Futures Trading And Technical Analysis

March 15, 2009
 

Archive for February, 2007

Weekend Update

Saturday, February 24th, 2007

Chicago wheat moved higher just like I expected. From Tuesdays open to Thursday, March Chicago wheat moved up 23.4¢, and closed for a gain of 22.8¢ It moved down a little on Friday. There is a potential for more gains, I would just keep a close stop.
Oats also made a good bounce up just like [...]

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Weekend Update

Saturday, February 17th, 2007

I wanted to do an update yesterday , for Thursday, but I was pretty busy. I saw Wheat bouncing off support and it moved up today just like I thought. I expect wheat to move up more. It would be good for a buy for now.
I can’t see corn going any higher. I think this [...]

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Monday Update

Monday, February 12th, 2007

March wheat moved up a little Friday and back down today. The indicators are still moving up, but keep a close eye on it to make sure that the support level holds.
March corn moved up a little Friday and down some today. The indicators are pointing down for corn, but keep a close stop.
March oats [...]

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Wednesday Update

Wednesday, February 7th, 2007

A short update for this Wednesday. I don’t always do a Wednesday update but I will try to do one more often just to let you know what is happening…
March Chicago Wheat moved down a little yesterday and now appears ready to bounce up off support. The indicators are still moving up.
March corn moved down [...]

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Weekend Update

Sunday, February 4th, 2007

Chicago Wheat did move a little lower as I thought it could but it may have found support and the indicators are heading up so I expect it to move up soon. Keep your stops in place.
Corn has only slowly trended down and not dropped as fast as I would have liked, so I would [...]

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