GrainCharts

GrainCharts

Soybeans seem to defy all odds when it comes to rational and can often take things to the extreme, one side or another. This is very sweet when you are on the profitable side of this rational but equally as bitter when you are not. During the beginning of May, I had a suspicion the market was very oversold and was due for a correction to the upside, but it...

GrainCharts

In the ZCZ2019 chart, I see the potential for another leg up however I believe it could retreat down to test the current support line. On 4/30 I bought corn around $3.80 feeling the low had been put in, after a few discomforting days I was correct. Due to delayed plantings and not optimal weather looking forward the market exploded up. I exited this position...