Global Capital Reserves: Corn and Wheat Both Back Near Support Levels Near Lows of 2009

Thursday, June 25, 2009

Corn and Wheat Both Back Near Support Levels Near Lows of 2009

It's amazing to me that both grains would both be close to the lows of the year, given that the stock market is still relatively strong. Both are daily charts.

Corn - searching for support at around $4/bushel

Wheat - nearly at support from past Spring

S Benard at 10:58 AM

‹

›

Home

View web version

About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

View my complete profile

Powered by Blogger.