Daily wheat, corn, soybeans, soy meal, soy oil. and oats commodity trading
commentary with our opinion as to trending markets, support and resistance
levels, if prices closed higher or lower from previous day and most
important which futures and commodity markets are changing to bullish or
bearish.
If there is a change to bullish or bearish pay closer attention to that
market to look for opportunities. This commentary is based ONLY on charts
and technical analysis.
Wheat are trending up. Watch for support at 3640 and resistance at 3800.
Changed to bullish on October 20th. Changed to neutral on October 17th.
Changed to bullish on October 15th. Changed to bearish on October 06th.
Changed to neutral on October 03rd. Changed to bullish on September 24th.
Corn is trending up. Watch for support at 2250 and resistance at 2400.
Change to bullish. Changed to bearish on October 10th. Changed to neutral on
October 07th. Changed to bearish on September 30th. Changed to bullish on
September 25th. Changed to neutral on September 22nd.
Soybeans are trending up. Watch for support at 7600 and resistance at 7800.
Changed to bullish on October 22md. Changed to neutral on October
21st.Changed to bullish on October 10th. Changed to neutral on October 09th.
Changed to bearish on October 08th. Changed to neutral on October 03rd.
Changed to bullish on September 19th.
Soybean Meal is trending up. Watch for
support at 2560 and resistance at 2500. Changed to bullish on October 10th.
Changed to neutral on October 09th. Changed to bearish on October 08th.
Changed to neutral on October 03rd. Changed to bullish on September 25th.
Changed to neutral on September 16th.
Soybean Oil is trending up. Watch for support at 2620 and resistance at
28000. Change to neutral on October 22nd. Changed to bullish on October
10th. Change to neutral on October 08th Changed to bullish on September
10th.
