Tuesday, May 22, 2012

July CBOT Wheat Chart and July CBOT Corn Chart

Here are couple of charts with the futures prices for corn and CBOT wheat.

Shows the next couple of days could be important for wheat.  The corn chart shows us that despite today's nearly limit down move we have simply went back to the bottom end of the range we have had for several months.  It could get really scary if we don't hold the support.




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