Grains
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Started by bcb - Nov. 15, 2020, 2:50 p.m.

Dec. Corn 21 vs. Nov. beans 21 ratio is at 2.571


Monthly Corn chart 

High on 7/2015 443.25 and 6/2016 439.25

MHO is that the targets for March corn is 439-443

Close over 443 look for 464


Jan. Beans

support 1131-1129 CLOSE under 1123

targets imho would be 1107 and 1083.


IF we close above 1208.50 I would see targets

1224-1243.

Tonight we  might open lower cuz of weekend rains in S.A.

IMHO IF you want to re own corn but July Corn calls on breaks.

Trend is up

Contact me with questions

Be Safe all

Comments
Re: Grains
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By metmike - Nov. 15, 2020, 5:28 p.m.
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Thanks bcb,

Good to read you again!

Re: Re: Grains
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By mcfarm - Nov. 15, 2020, 6:05 p.m.
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and here I was thinking this rally had played itself out....well I was wrong in August and sept so  might as well be wrong here as well