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Grain Commodity Futures Trading And Technical Analysis

January 23, 2012
 

Grain Commodity Futures Weekend Update

Chicago Wheat futures are kind of stalling, but the indicators are moving down pretty quick, so I think wheat will move down soon like I was talking about in my last post.

Corn Futures are starting to move to the downside of the sideways trend. I am not making any recommendations, because you should probably wait for a breakout, but I think they will have a “bumper crop” of corn this year. Just keep watching corn.

Oat futures appear to be ready for a drop. Just keep your stops in place.

My money is on a drop in soybeans, like I was talking about in my last few posts. But you should still keep your stops in place. Always keep your stops in place.

Rough rice is hard to judge right now but it is looking more to me that a drop will be coming soon. Just keep your stops in place.

Hopefully by next week I will have a “revamp” of my blog site. I am starting a website to go with my blog, and I wanted my blog to match my website. The only thing changing is the colors, images and the header. The posts and the information will be the same. There is a guy who does pretty good custom work, if you want a WordPress blog done in your own way. And he is very reasonable on prices. This is not an affiliate link. I just think he does good work. I have seen a sample of what he is doing on my blog theme, and it amazed me. You can visit him at W3Lift.com

July Chicago wheat closed at 527.4, up 6.8¢ for the week.
July corn closed at 382.0, down 4.6¢ for the week.
july oats closed at 292.0, up 6¢ for the week.
July soybeans closed at 821.4, up 4¢ for the week.
July rough rice closed at 10.085, down .105¢ for the week.

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Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions


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