| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 3,542 +10.33% on 04/24/24 | | 3,910 -0.05% on 05/07/24 | +129 (+3.41%) since 04/03/24 |
| 3-Month | 3,422 +14.20% on 02/08/24 | | 4,033 -3.10% on 03/21/24 | +431 (+12.40%) since 02/07/24 |
The overnight sessions have been misleading over the last few days, will today be a similar story or will the selling persist?
Wheat prices are down another 7 to 12 cents on your Wednesday morning. Futures faced some weakness on Tuesday after the last couple weeks of rallying. Chicago contracts were down a penny to 7 ½ cents,...
Corn prices are posting 2 to 3 cent losses on Wednesday morning. Futures slipped back on Turnaround Tuesday, with nearby contracts down ¼ to 3 ½ cents. Other contracts were steady to a penny higher....
Beans are trading 5 to 7 cents in the red so far in the midweek session. Bear spreading resulted in old crop losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.....
Educational and Actionable information using Fibonacci & W.D. Gann analysis.
Corn futures slipped back on Tuesday, with contracts down ¼ to 3 ½ cents in the nearbys. Other contracts were steady to a penny higher. We got confirmation to a slowdown in US planting on Monday, but...
Beans posted front month weakness, with losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.. Soymeal got some pull back with contracts out through Jan down 50...
Wheat futures are faced some weakness on Tuesday after the last couple weeks of rallying. Chicago contracts were down a penny to 7 ½ cents, as Kansas City futures were down 1 ½ to 11 ¼ cents on the...
Deferred Corn Options Preferred.
Feeder cattle prices are too high, and the cattle feeder says so. With only the cattle feeder in need of an 850# steer, and there being no computer generated trading to influence their decision, it seems...
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XSK24 | 3,908s | +93 |
| DCE No.2 Soybean May '24 | ||
| XSU24 | 4,132s | +88 |
| DCE No.2 Soybean | ||
| ZCN24 | 459-6 | -7-2 |
| Corn | ||
| ZSN24 | 1242-4 | -4-0 |
| Soybean | ||
| ZMN24 | 381.7 | -1.5 |
| Soybean Meal | ||
| ZLN24 | 44.64 | +0.14 |
| Soybean Oil | ||
| ZWN24 | 631-4 | -11-2 |
| Wheat | ||
| KEN24 | 649-2 | -14-6 |
| Hard Red Wheat | ||
| MWN24 | 701-4 | -17-4 |
| Spring Wheat | ||
| ZON24 | 398-4 | -1-0 |
| Oats | ||
| ZRN24 | 18.425 | +0.035 |
| Rough Rice | ||
| RSN24 | 663.00 | -4.10 |
| Canola | ||
| 3rd Resistance Point | 3,954 |
| 2nd Resistance Point | 3,932 |
| 1st Resistance Point | 3,920 |
| Last Price | 3,908s |
| 1st Support Level | 3,886 |
| 2nd Support Level | 3,864 |
| 3rd Support Level | 3,852 |
| 52-Week High | 4,285 |
| Fibonacci 61.8% | 3,955 |
| Last Price | 3,908s |
| Fibonacci 50% | 3,854 |
| Fibonacci 38.2% | 3,752 |
| 52-Week Low | 3,422 |
