| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 4,439 +5.83% on 03/10/23 | | 4,867 -3.47% on 02/15/23 | -152 (-3.13%) since 02/14/23 |
| 3-Month | 4,439 +5.83% on 03/10/23 | | 5,092 -7.74% on 01/31/23 | -101 (-2.10%) since 12/14/22 |
Educational and Actionable Information using Fibonacci and W.D. Gann Analysis.
The downtrend may be expected to continue, while market is trading below resistance level 1469,2, which will be followed by reaching support level 1421,6
The downtrend may be expected to continue, while market is trading below resistance level 621,2, which will be followed by reaching support level 598 – 593,4
New crop weekly options can be a great tool to gain short term market exposure or hedge short term risks.
The midweek wheat market is currently 10 to 15 cents lower after a mostly one directional overnight. Wheats extended the downside again on Tuesday by another 1-2% across the winter wheat markets. MGE wheat...
Soy futures are trading red across the markets. Beans are 5 to 10 cents lower, meal is down $3.50 to $4.50/ton, and soy oil is 3-11 points weaker. The nearby soy market ended the Tuesday session 13 to...
Current corn prices are 3 to 7 cents in the red going into the midweek’s day trade. The corn futures market ended Tuesday’s session 2 3/4 to 4 1/4 cents in the red. The Dollar Index was lower again...
During the past 52 weeks, wheat prices have fallen by 49%. That's a fast elevator ride down. Managed money traders have crowded the bakery with short positions. Is it time for a seasonal relief rally?
Wheats extended the downside again on Tuesday by another 1-2% across the winter wheat markets. MGE wheat futures were down 5 3/4 to 6 1/2 cents on Tuesday. CFTC provided positions data as of the 3/14...
The nearby soy market ended the Tuesday session 13 to 19 cents lower. May beans printed a wide 32 cent range on the day, but closed near the low. Meal futures faded back from their midday gains and closed...
The Barchart Trading Guide is a Sell Signal with a Average Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XSH23 | 4,698s | +88 |
| DCE No.2 Soybean Mar '23 | ||
| XSJ23 | 4,262s | unch |
| DCE No.2 Soybean | ||
| ZCK23 | 630-0 | unch |
| Corn | ||
| ZSK23 | 1452-0 | -15-0 |
| Soybean | ||
| ZMK23 | 453.4 | -7.2 |
| Soybean Meal | ||
| ZLK23 | 55.31 | -0.93 |
| Soybean Oil | ||
| ZWK23 | 663-4 | -19-6 |
| Wheat | ||
| KEK23 | 811-0 | -9-2 |
| Hard Red Wheat | ||
| MWK23 | 837-2 | -8-4 |
| Spring Wheat | ||
| ZOK23 | 364-0 | +5-0 |
| Oats | ||
| ZRK23 | 17.205 | -0.060 |
| Rough Rice | ||
| RSK23 | 720.40 | -9.00 |
| Canola | ||
| 3rd Resistance Point | 4,698 |
| 2nd Resistance Point | 4,698 |
| 1st Resistance Point | 4,698 |
| Last Price | 4,698s |
| 1st Support Level | 4,698 |
| 2nd Support Level | 4,698 |
| 3rd Support Level | 4,698 |
| 52-Week High | 5,200 |
| Fibonacci 61.8% | 4,836 |
| Fibonacci 50% | 4,723 |
| Last Price | 4,698s |
| Fibonacci 38.2% | 4,610 |
| 52-Week Low | 4,246 |
