Short Term Grandmill Forecast


TRADING POSITIONS BASED ON CLOSING PRICE, VOLUME AND OPEN INTEREST :
Based on Closing Prices of  October 8, 2010 

 

SPECIAL NOTE: Price action of Friday (10/8/10) may have reversed trend indicated for Corn, Wheat. Beans, meal and oil. Prudent trading would suggest one to wait for confirmations of a change in trend prior to placing a trading position.

ITEM
CONTRACT MONTH
POSITION
TREND
STOP
                 COMMENTS
Corn
December
Uncertain
-
-
Corn
July
Uncertain
-
-
Wheat
December
Short
730
-
Wheat
July
Short
-
770
 
Soybeans
May
Short
-
1165
 
Soybeans
November
Short
-
1140
 
Soybean Meal
December
Short
320
 
Soybean Meal
May
Short
-
325
 
Soybean Oil
December
Uncertain
-
-
-
Soybean Oil
May
Uncertain
-
-
-

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