Today's Market View Corn Futures Expected to Open 6 to 8 Lower as of 7:15 a.m. CDT
24 minutes ago
Corn: December corn printed a new contract high at $7.24 1/4, eclipsing the previous high water mark at $7.22 3/4 as the short-term uptrend continues to strengthen.
Soybeans: Spillover noncommercial buying from a third straight triple-digit gain in the DJIA sparked a solid double-digit rally in soybean contracts Monday.
Wheat: Follow-through commercial buying and noncommercial buying from the sharply lower U.S. dollar index led to a solid rally in all three wheat classes.
Live Cattle: Overbought conditions after several weeks of solid gains had noncommercial traders booking profits Monday despite continued strong support from outside markets.
Cotton: Strong buying from both sides of the market sparked a sharp rally in cotton futures with the nearby contract continuing to find technical buying interest.
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Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls in advance of the markets and offering in my trading course.
Simplicity is the most powerful approach to trading you can have. Send me a E mail for information on my trading course called "The Art Of Trading"
Just one example what is taught in the course.
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To review comments about my trading course and Market Picks click on link below. Send E mail request (please fill in subject box saying, send Trading Course Information) Market Picks are no longer available because of health issues.
USCoralSea
http://www.wfaa.us/coral