January 17, 2010 Clip 08/03/10 5:47:33 PM
Grains: Due to the negative chart action of wheat and soybeans, we sold soybeans on Friday when November moved below the $9.50 support zone. Seasonals turned lower on January 14th and normally bottom on February 5th. Nothing this year will cause these markets to take out our current highs, except weather.
(2009-2010 Corn Chart) (2009-2010 Soybean Chart)
|
|