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
Thanks bcb,
Good to read you again!
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