Just a quick post today, I have been busy with things and I am working on a trading e-book to teach my simple methods of technical analysis, so watch for it. I’m also thinking about offering a cheap membership to those who buy my e-book. It would be good for any traders who would like to follow along with me for details for a while until they get the hang of things.

The grain markets have been doing good the last two weeks but some of them may be hitting some resistance. Hopefully we will get out of this up and down sideways trend soon. We will just have to watch it close and see if there will be a breakout soon.

Chicago wheat futures have done good but may pull back some, just watch it close.

Corn futures are acting the same.

Oat futures are finally breaking out like I have been waiting for and have been talking about. Hopefully you were watching them too. Keep with them for now but the volatility has exploded so just keep your stops placed.

Soybean futures have been awesome but my retrace some. Keep your stops placed.

Rice Futures have been stuck in a sideways trend and have made a couple of false breakouts but the indicators are suggesting an upward breakout when it does happen so I would just keep an eye on it.

July Chicago wheat futures closed Friday at 591.0¢

July corn futures closed Friday at 421.0¢

July oat futures closed Friday at 226.0¢

July soybean futures closed Friday at 1111.4¢

July rough rice futures closed Friday at 12.650¢

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Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions