Re: Grains #2/Wayne

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Re: Grains #2/Wayne

In Response To: Re: Grains #2/Wayne ()

The day before, most closed at, or just above the 9 bar moving average. The next resistance was a good bit away at the 18 day moving average. Most stuff closed right at it, with corn just above. Wheat was the power shot as it blew through like the 18 day MA wasn't even there.

I think all the grains will move back down to the 4 bar moving averahe, where there is heavy duty support. Then they will turn and rise again.

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