JJG…as long as this maintains above 51.40 this formation is positive. A close over 53 will lead to a rally towards 54.40. CORN (FUND)…this is a weekly trend line break out above 41.70 going back to last August. CN…(July Corn … Continue reading
MON…95.23 is the ORL # with stops below MOS…56.63 is the must hold level, otherwise you‘re looking at another buck down. POT…a close below 40.69 would be negative. ADM…has rejected the 200 day@ 28.63. Closing under 28.05 would be negative … Continue reading
Investors who wish to be involved with individual instruments should consider IBM,MMM,Cat,OXY,XOM,JNJ to name a few. The Grain names have already bottomed. The trade location is not good in this sector, however a close over 68.30 in MON ( 200 … Continue reading