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Corn
Mar 27, 2006 0:06:46 GMT -5
Post by David on Mar 27, 2006 0:06:46 GMT -5
Corn Mkt Update - Corn traded as high as 240 missing our target by 6 cents; it is now consolidating and building energy for the next phase up. It needs to break past 246 on strong volume to indicate that it is ready to put in a series of new highs. Once again we think the grains are going to be one of the strongest performing sectors this year. 3/16/06 David - Trend is turning up but short term momemntum is down, STO oversold looks like it will coincide with price hiting new UP TL recent, watching price action here but I am sidelines for now
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Corn
Apr 2, 2006 21:45:01 GMT -5
Post by David on Apr 2, 2006 21:45:01 GMT -5
Mkt Update - Corn entered into an extended corrective phase and is now attempting to put in a secondary bottom; once this is in place it should be ready to challenge the 246-price point level. 3/28/06 David - - Hughe buying day on 3/27 took prices off of lows. going long at 228 or better
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