Wheat seems to be approaching its bottom band. I expect the market to turn bullish at the start of the week. Beans continue their long term downward trend. I expect corn to continue to be bullish, recovering from the big drop at the end of October’s descending triangle.
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2 replies on “The week ahead”
Hi Brady!
I also hope that the market will be bullish this week. I have 4 longs of soybean and 2 longs of corn, so they have to increase!!
But, I am just wondering if fiscal cliff in US may dampen any bullish signs of the market.
Good luck on trading this week and see you tomorrow!
Cindy
I hope you’re right about wheat and wrong about beans. But I fear you’re right about both…