Another extremely busy week left me unable to make a post on Friday so I am making a Monday post as a follow-up. I apologize for the delay.

The indicators for Chicago wheat futures are somewhat indicating a possible bounce up so be careful. The downtrend has made a good steady move so keep your stops placed.

Corn futures have hit some resistance and should be making be making a move back down.

Oat futures broke resistance but have dropped a little. I would wait to see if the support holds for another move up.

Soybean futures moved up a little last week but the indicators are moving down so soybeans may be ready for a drop soon. Just be careful.

Rough rice futures have made a fast jump up but are stalling. The indicators are moving down so rice could drop before continuing a move up.

December Chicago wheat futures closed Friday at 762.0 and closed today at 761.0

December corn futures closed Friday at 386.6 and closed today at 379.0

December oat futures closed Friday at 289.4 and closed today at 285.4

January soybean futures closed Friday at 1056.0 and closed today at 1032.6

January rough rice futures closed Friday at 12.770 and closed today at 12.400

grain, trading, commodities, futures, investing, markets

grains,trading,commodities,futures,investing,finance
Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions

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