Well the C h2/Wh2 trade looks good with price bouncing off support here. As I said yesterday despite the price resistance high point the seasonals for Corn are bullish into March and bearish for Wheat. So that should make the C/W trade work in your favor statistically. Also the last 5 presidential elections Corn has rallied in the 1st 1/4 each and every time. (Poster bcb posted this awhile back so I posted a chart showing this.) So the odds are with you on this trade. You only need Corn to outperform Wheat to make money regardless of price direction of both. I don't know if further out contracts would be better or not as there are differences. And May or July or Dec contracts are a lot further away for comfort. Don't know which contract time period you chose. But good luck with it. Right now the March contracts are still showing the highest open interest. Always nice though to have some time on your side before you have to react. I punched in the May Corn/May Wheat spread chart and it is much the same as the March spread. Also note the oversold status of the CCI 20 lower indicator. Keep in mind technicals on the spreads are not as reliable as straight price chart technicals on a single market but are still valuable and still work basically. But support and resistance pts don't always hold up on a spread chart far more often than on a single market.