Monday, February 4, 2008

Grains Universally Close Strong!

The grains appears to have reemerged with renewed vigor and strength today! Here are the 15 minute and 3 minute charts for corn, wheat, and soybeans after market close today. Wheat even hit its lock limit up price just minutes before the close of the market. The grain bull is back!

Corn

Wheat - Hit lock limit!

Soybeans - new all-time closing high