March wheat moved up a little Friday and back down today. The indicators are still moving up, but keep a close eye on it to make sure that the support level holds.

March corn moved up a little Friday and down some today. The indicators are pointing down for corn, but keep a close stop.

March oats moved down today. The indicators appear to say that oats could move down some more, but keep a close stop.

March soybeans were pretty volatile and made a wide move Friday and closed up a little but moved back down today. The indicators are pointing down for soybeans and I think they will start dropping soon, although I would still wait for a down move for confirmation before shorting.

Rice has been stalling and hasn’t closed the gap yet. It could move down some more, but nothing is very definite for rice yet.

The markets have been kind of up and down and no major trends appear to have developed yet. If you are unsure about the markets you can sit on the sidelines a little. You don’t always have to be trading.

March Chicago wheat closed today at  455.6

March corn closed today at 404.6

March oats closed today at 245.2

March soybeans closed today at 745.2

March rough rice closed today at 10.170

grain, trading, commodities, futures, investing, markets

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