The grains retraced slightly last week but seem to hit resistance on Friday. Things seem to still be o.k. as they bounced up some today, just watch and make sure they continue up and keep your stops placed.

I am almost finished with my e-book on my techniques of predicting the grain markets and how anyone else can too. I am not much of a copywriter though so the sales-page will take longer.

But, since I will have my e-book ready first, I will offer a discount link on my blog soon, to anyone who is ready to get it. I will offer it at half price until I get my sales-page up. The discount price will be at $40 and the release price will be $80. I think that is a fair price and will be affordable enough to any new traders who want to follow the strategies I use for my predictions on this blog. I will have more details soon.

But on to the markets.

Chicago wheat futures shot up last week and rested at support on Friday. Things still look good. Keep your stops placed.

Corn futures did the same, just keep your stops placed.

Oat futures still look good too.

Soybean futures shot up Monday and trended down a little the rest of the week but settled at support on Friday. They still look good, just keep your stops placed.

Rough rice futures seem to be following the rest of the grains right now, just keep a close eye on them if you go long on rice.

December Chicago wheat futures closed Friday at 498.6, up 30.6¢ from last Friday.

December corn futures closed Friday at 372.0, up 9.8¢ from last Friday.

December oat futures closed Friday at 251.4, up 11.4¢ from last Friday.

November soybean futures closed Friday at 977.4, up 13.4¢ from last Friday.

November rice futures closed Friday at 13.655, up .255¢ from last Friday.

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