Wheat futures started the week off a little weak and then made a surprising jump up on Wednesday, but it didn’t appear to me it was going to hold, and wheat moved back down on Friday. It appears to me that wheat could move back down, just keep your stops in place.
Corn futures have still [...]

Wheat futures seemed to hit a little resistance at the first of the week, like I thought. They jumped up again on Thursday and Friday. Wheat futures are around another resistance level and indicators are starting to head down so I would be careful and watch any long positions closely.
Corn futures have been trading somewhat [...]

Just like I thought, most of the commodity grain futures moved down this week, or with very little gain, with the exception of wheat futures.
I did state that I wasn’t too sure about wheat because although wheat has been in a downtrend, the indicators were on the high side, and wheat did move up [...]

This week for the commodity markets was short due to the holiday. I feel like the bull market in the grains is fatigued right now.
Wheat and corn futures bounced back up like I expected. I saw the bounce up in wheat coming first, from the indicators. After corn made two limit moves down and hit [...]