DOW JONES NEWSWIRES
DECEMBER CORN
December corn on Monday closed higher and near the session high on short
covering. The corn bears do still have the near-term technical advantage at
present.
The corn bulls' next upside price objective is to push prices above solid
technical resistance at $3.50 a bushel.
The next downside price objective for the bears is to push and close prices
below solid technical support at last week's low of $3.11 1/2 a bushel.
First resistance for December corn is seen at Monday's high of $3.35 1/2 and
then at $3.40. First support is seen at $3.30 and then at Monday's low of $3.24
1/4.
$7.07
the contract high
$3.28 1/2 --- 10-day moving average
$3.36 1/4 --- 20-day moving average
$3.39
--- 40-day moving average
$3.02
--- the contract low
DECEMBER CBOT WHEAT
December Chicago wheat on Monday closed higher and nearer the session high on
short covering in a bear market and amid strength in corn and beans. Wheat
bears still have the solid overall near-term technical advantage. Prices are in
an 11-week-old downtrend on the daily bar chart.
The next downside price objective for the bears is pushing and closing prices
below solid technical support at $4.50.
Bulls' next upside price objective is to push and close December futures
prices above solid technical resistance at the July low of $5.32 3/4 a bushel.
First resistance is seen at last week's high of $5.08 3/4 and then at $5.15.
First support lies at the contract low of $4.85 1/2 and then at $4.75.
$11.50 1/2 --- the contract high
$5.02 1/2 --- 10-day moving average
$5.23 3/4 --- 20-day moving average
$5.40 1/4 --- 40-day moving average
$4.85 1/2 --- the contract low
DECEMBER KCBT WHEAT
December KCBT wheat on Monday closed higher and near the session high on
short covering in a bear market. Bears still have the solid near-term
technical advantage. Prices are in an 11-week-old downtrend on the daily bar
chart.
The bulls' next upside price objective is pushing prices above solid
technical resistance at $5.60.
The bears' next downside objective is pushing and closing prices below major
psychological support at $5.00.
First resistance is seen at last week's high of $5.24 and then at $5.30.
First support is seen at Monday's low of $5.12 and then at the contract low of
$5.04 and then at $5.00.
$11.35
-- the contract high
$5.20 3/4 --- 10-day moving average
$5.43 3/4 --- 20-day moving average
$5.60 3/4 --- 40-day moving average
$5.04
--- the contract low
-By Jim Wyckoff, contributing to Dow Jones Newswires
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29800.00 | + 650 | 30000.00 | + 840 |
ПФО |
28940.00 | + 990 | 29000.00 | + 950 |
СКФО |
29450.00 | + 750 | 30000.00 | + 1050 |
ЮФО |
29250.00 | + 1100 | 29700.00 | + 750 |
СФО |
29300.00 | + 900 | 29500.00 | + 1200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
72000.00 | + 1000 | 73300.00 | + 50 |
ЮФО |
69800.00 | + 0 | 74000.00 | + 0 |
ПФО |
71500.00 | + 500 | 73100.00 | + 100 |
СФО |
72500.00 | + 500 | 74900.00 | - 100 |
Обсуждение