The markets seem to be moving as I anticipated. It hasn’t been easy pickings though, the volatility in some markets has been pretty extreme.

Chicago wheat futures appear to be at some support and the indicators are moving up. Wheat could be moving up again soon.

Corn futures have dropped like I thought they would and looks like they could drop a little more.

Oat futures dropped hard Monday and Tuesday last week and bounced up to cover the gaps. I don’t think they will start back up yet.

Soybean futures also dropped hard early last week, dropping over 100 points in 2 days, before bouncing back up to close the gaps. The indicators are still low, so there could still be some downside movement

Remember to always keep your stops placed.

September Chicago wheat futures closed Friday at 830.6, down 56.8¢ for last week.

September corn futures closed Friday at 691.0, down 66.6¢ for last week.

December oat futures closed Friday at 467.4, down 18.6¢ for last week.

August soybean futures closed Friday at 1615.4, down 33.6¢ for last week.

grains,trading,commodities,futures,investing,finance

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