Corn and Soybeans Meeting Technical Resistance But Will It Hold?
Jan 15, 2013
This afternoon on GrainTV Brock and Cody breakdown the technical landscapes for the March soybeans and March corn daily charts. Both of these contracts are hitting overhead resistance, but the fundamentals remain strong. Over the next few sessions it will be important to watch the technical levels discussed in today's show. Tomorrow the EIA releases weekly ethanol production and stocks figures and on Thursday the USDA publishes the weekly export sales report.
THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.