Chicago wheat futures appear to have broken through resistance. Just be careful of a false breakout, wheat doesn’t look that strong. If you are long right now, stay with it, just keep your stops placed. Corn futures started moving back up, then dropped on Friday to close the gap. Corn should find support, but keep [...]

Chicago wheat futures are still stalling in a sideways pattern. This could be a top for wheat, just use caution and good judgment. Don’t base a trade on emotional reasons. Corn futures seem to have broken out to the upside just as I have predicted in my last couple of posts. There could be some [...]

There still isn’t a lot of new information to share this week, so this will be a pretty basic post. Hopefully things will mellow out soon and give us some pretty sure trades. Remember that you don’t have to be trading all the time. It’s better to wait for a few highly profitable trades than [...]