Casey IL. ( I -70 ) then south on rt.49 | I would like some thoughts on what deferent peoples idea's are on what they think might happen in the market this coming weak ?
My op ion is:Dec. Tech the corn is over bought and is in a correction cycle: should continue on down to the 4.00 area or just a little lower maybe to the 3.85 range.
Beans Nov. I see in the charts that they are getting top heavy also: but could have some up swing left in them + 10.50
Wheat Dec. I see wheat turning down towards that 6.20 area. I feel with out some news the wheat market has all the price it can handle for now. Maybe waiting on planting intentions.
Cattle Dec. I see them still in there up trend: should have been a good buy at 100.00, I am hoping bought DEC. cattle and sold DEC. corn.
I am trying to make .10 - .12 on corn, Cattle looking at a 100.00 at least. |
this weeks market
