Just a quick update this morning, I will be working to get my ebook ready today and I’ll make a post this evening when I have it available.

The grain commodity futures have been behaving pretty much as I expected but still keep your stops placed and watch them close.

Wheat futures have dropped some 30+ ¢ in the last two weeks. Wheat is hovering around support so watch them close.

Corn futures bounced up some in the previous week but stalled and started falling last week but are still a few cents higher than they were two weeks ago. Watch it closely.

Oat futures also rebounded a little in the previous week after a long move down but remained pretty much flat last week. Oats are 2 or 3¢ higher than they were two weeks ago but and aren’t showing much strength.

Soybean futures bounced up early last week but quickly dropped again and are some 30+ ¢ lower than they were two weeks ago. Soybeans aren’t showing much strength but watch them close.

Rough rice futures made a good correction like I thought they would. Rice did bounce up at the first of last week but quickly dropped and now is some .770¢ lower than they were two weeks ago. Just keep your stops placed.

Next week is Christmas weekend here in the U.S. so I will probably skip a post but I will have a post up this evening on how you can get my ebook and learn my trading methods so check back soon. Until then, Merry Christmas.

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

Just a quick post today, I’ve been pretty busy.

It seems like support has held the grains back for now. Corn, rice and soybean futures bounced up some off support but wheat futures and oat futures haven’t shown much strength. If the jump up in corn and soybean futures starts to fall apart, it could be a good point to short and we could see the move down I was mentioning, since the indicators are moving lower.

Just watch close and if the grain prices break support, we should see a move down toward the next support point.

That’s it for now, I’ll know more after this week. I’ve been busy and I should have a post up before the end of this week for my e-book. I’ll be letting my readers get it at a discount for a little while. Check back soon.

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

This won’t be a long post because the grain futures markets haven’t done much since my last post. We are still waiting for a breakout of the sideways trend that most of the grains have been in for the last couple of months.

The thing is that the indicators are moving down and the price action of the grain markets have me starting to believe that the markets will break down again soon. But things may change so keep an eye on the support and resistance levels and keep your stops placed.

Chicago wheat futures bounced up a little last week but hit resistance and closed the week about the same as where they started. The indicators aren’t really showing the strength I think wheat needs to break resistance right now so we may be seeing a break down. Keep your stops placed though.

Corn futures also hit resistance too and moved back down to support. I would watch for a move down on corn too.

Oat futures have moved down slowly for the last few weeks and are near support but oats may continue their downtrend too. Watch them close and keep your stops placed.

Soybean futures broke up a few weeks ago but they are hitting resistance again and we may be seeing a drop in soybeans too. Just keep your stops placed.

Rough rice futures have moved up a good way but appear to be ready for a correction. Just keep your stops placed.

March Chicago wheat futures closed Friday at 558.0, down 11.6&cent from last Friday.

March corn futures closed Friday at 388.4, down 25&cent from last Friday.

March oat futures closed Friday at 257.0, down 11.4&cent from last Friday.

January soybean futures closed Friday at 1043.0, down 10&cent from last Friday.

January rough rice futures closed Friday at 15.715, up .315&cent from last Friday.

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