CHINESE VS THE FUNDS
Lows in April, May, June?
Why are the funds jumping ship
Will we get a weather premium
Being comfortable and adding profits
Listen to today’s audio below
Enjoy Our Stuff?
Try 30-days for $1 or get 50% OFF yearly & monthly. All updates and audio sent via text message & email.
Charts
Corn 🌽
Could see us enter into some choppy trade until we get the report next Friday. Current upside targets are $6.37 to $6.40 range, after that we look to the $6.60 range and our 100 & 200-day MAs. Downside support is our trendline.
Beans 🌱
Beans currently sit at our support of $14.20, if we don’t hold here we could look to test our heavy psychological support of $14.00 and our long term uptrend.
Wheat 🌾
Wheat closed -13 1/2 cents off our highs after testing the $6.74 resistance, ultimately coming back down and closing just above our support of $6.61. Upside target is $7.13 (our recent high). First downside target is $6.54 (our recent low).