The grain futures markets went ahead and made the correction that I was anticipating although I was expecting it a week earlier. Now that they have made it, the grain markets appear poised for another upswing. Just keep your stops close in case the momentem falls through. Chicago wheat futures appear to be holding at [...]

The price action of the grain futures markets looks promising and we could be seeing higher prices. The market appears to be trying to gain some confidence right now and decide which direction it wants to go. I would still keep a close stop placed though, just in case. Chicago wheat futures Look like they [...]

Sorry about the delay with this weeks post, I’ve been out for the holidays. Overall the indicators are still strong fot the grain futures markets. The price action though, may be suggesting a retracement of some kind. I don’t think it will be a very big move down though, since the indicators are so strong. [...]