Grain Markets Firm in the Early Morning Trade
|
Weekly Export Inspections Yesterday's weekly export inspections report was largely inline with expectations for corn, soybeans, and wheat.
Winter Wheat Crop Conditions
Black Sea Grain Deal
Ukraine Grain Production
Outside Markets
|
|
Corn Seasonal Trend in Play
Technicals (May)
Bias: Bullish/Neutral Previous Session Bias: Neutral/Bullish Resistance: 647 1/4-652 3/4***, 658-663**** Pivot: 636 3/4 -640 1/4 Support: 620-622**, 606 3/4-608 1/2**, 595 1/4-599 1/2**** |
|
Soybeans Seasonal Trend in Play
Technicals (May)
Bias: Bullish/Neutral Previous Session Bias: Bullish/Neutral Resistance: 1522-1530***, 1544 1/4-1550*** Pivot: 1507-1512 Support: 1472-1476****, 1459 3/4** |
|
Wheat Seasonal Trend
Technicals (May)
Bias: Neutral/Bullish Previous Session Bias: Neutral/Bullish Resistance: 730-735***, 746 3/4-758 3/4**** Pivot: 690-700 Support: 660-665* |
|
Follow us on Twitter: @BlueLineFutures Follow us on Facebook: Blue Line Futures Facebook page Subscribe to our YouTube channel: Blue Line Futures YouTube channel
If you have any questions about markets, trading, or opening an account, please let us know!
You can email us at info@BlueLineFutures.com or call 312-278-0500
Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete, and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
|