By Jim Wyckoff
Of DOW JONES NEWSWIRES
MAY CORN
May corn closed higher Friday, near the session high, hit a fresh four-week
high and closed at a bullish weekly high close. The bulls have gained fresh
upside near-term technical momentum.
The next downside price objective for the bears is to push and close prices
below solid technical support at last week's low of $3.57 a bushel. The bulls'
next upside price objective is to push and close prices above major
psychological resistance at $4.00.
First resistance for May corn is seen at Friday's high of $3.89 3/4 and then
at $3.93. First support is seen at Friday's low of $3.83 and then at $3.75.
$8.22
the contract high
$3.66 1/2 --- 10-day moving average
$3.65
20-day moving average
$3.76 3/4 --- 40-day moving average
$3.15 3/4 --- the contract low
MAY CBOT WHEAT
May wheat on Friday closed weaker and near the session low. Wheat bears still
have the near-term technical advantage. Prices are still in a two-month-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 the March low of $4.98 1/2. Bulls' next upside
price objective is to push and close May futures prices above solid technical
resistance at $5.44 3/4 a bushel.
First resistance is seen at Friday's high of $5.27 3/4 and then at $5.31.
First support lies at $5.15 and then at last week's low of $5.06 1/2.
$11.90
--- the contract high
$5.18
--- 10-day moving average
$5.23 1/2 --- 20-day moving average
$5.51 1/4 --- 40-day moving average
$4.84 1/4 --- the contract low
MAY KCBT WHEAT
May KCBT wheat on Friday closed lower and nearer the session low. Bears still
have the near-term technical advantage as prices are in a nine-week-old
downtrend on the daily bar chart.
The bulls' next upside price objective is pushing prices above psychological
resistance at $6.00. The bears' next downside objective is pushing and closing
prices below solid technical support at the March low of $5.41 1/2.
First resistance is seen at $5.70 and then at $5.80. First support is seen at
Friday's low of $5.63 and then at this week's low of $5.58 1/2.
$12.55
the contract high
$5.65 3/4 --- 10-day moving average
$5.65
--- 20-day moving average
$5.86
--- 40-day moving average
$5.13
the contract low
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
33000.00 | + 100 | 34000.00 | + 800 |
ПФО |
32500.00 | + 500 | 33000.00 | + 500 |
СКФО |
37000.00 | + 4000 | 38000.00 | + 4500 |
ЮФО |
36000.00 | + 3000 | 37000.00 | + 3500 |
СФО |
35000.00 | + 2000 | 37000.00 | + 3000 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
76000.00 | + 2000 | 85000.00 | + 10500 |
ЮФО |
76000.00 | + 3000 | 77500.00 | + 2500 |
ПФО |
76000.00 | + 2500 | 77500.00 | + 2500 |
СФО |
77000.00 | + 3000 | 78000.00 | + 2000 |
Обсуждение