AUDIO COMMENTARY & VIDEO

Below todays audio we added a video on why we alerted a sell signal in corn yesterday and go through a few different ways you can use technical analysis in your grain marketing.

Corn starts correction like we mentioned. Where I think we will bounce (Chart below)*
Export sales disappointing
Follow up on yesterday’s corn sell signal
Don’t think Trump presidency will be like last time
Soybeans don’t have a story to move the market
Soybeans could still have short term breakout (Chart below)*
Record corn yield yet lower carryout
Biggest question mark is will demand continue
Why I like being patient on new crop sales unless you’re someone with zero storage etc.
Focusing on old crop in an inverted market

Listen to today’s audio below

TECHNICAL ANALYSIS VIDEO

In this video we go over our thoughts & reasoning behind our corn sell signal. As well as ways you can use tools like moving averages & stochastic in your marketing.

CHART BREAKDOWNS

March Corn 🌽

We are getting that correction I mentioned we probably would yesterday.

I would like us to find support in that golden zone between $4.35 and $4.41

I personally think we will go down and test that old resistance from the symetrical triangle we broke out of. Often times when you break out of a range, you go back to test it as support.

I drew with arrows how I personally see this playing out, but of course that doesn’t have to happen. Hence the sell signal yesterday.

Jan Beans 🌱

Still stuck in this descending wedge. It is getting awfully tight.

Either we break out, or fall apart. I drew the two scenarios.

If we break out, I am looking to de-risk at that black trendline resistance if we can get there.

If this support fails, there is a good chance we go sub $9.00

In my personal opinion I think we get a short lived breakout. The tighter this thing coils right here, the bigger the breakout could be. I will be taking advantage if we do so.