By Jim Wyckoff
Of DOW JONES NEWSWIRES
MAY CORN
May corn on Friday closed steady and nearer the session high. The bulls have
gained upside near-term technical momentum recently. A three-week-old uptrend
is in place on the daily bar chart. The next downside price objective for the
bears is to push and close prices below solid technical support at $3.75 a
bushel. The bulls' next upside price objective is to push and close prices
above solid technical resistance at $4.25. First resistance for May corn is
seen at $4.00 and then at last week's high of $4.02 1/2. First support is seen
at Friday's low of $3.93 1/2 and then at $3.90.
$8.22
the contract high
$3.84 1/4--- 10-day moving average
$3.72 3/4--- 20-day moving average
$3.76 1/2--- 40-day moving average
$3.15 3/4 --- the contract low
MAY CBOT WHEAT
May wheat on Friday closed lower and near mid-range. Wheat bears still have
the slight overall near-term technical advantage. The next downside price
objective for the bears is pushing and closing prices below solid technical
support at last week's low of $5.11 1/2. Bulls' next upside price objective is
to push and close May futures prices above solid technical resistance at $5.89
3/4 a bushel. First resistance is seen at Friday's high of $5.61 and then at
$5.75. First support lies at Friday's low of $5.41 and then at $5.37 3/4.
$11.90
--- the contract high
$5.34
10-day moving average
$5.27 1/4 --- 20-day moving average
$5.47
--- 40-day moving average
$4.84 1/4 --- the contract low
MAY KCBT WHEAT
May KCBT wheat on Friday closed weaker and near the session high. Prices are
in a three-week-old uptrend on the daily bar chart. The bulls' next upside
price objective is pushing prices above solid technical resistance at $6.15.
The bears' next downside objective is pushing and closing prices below solid
technical support at last week's low of $5.71. First resistance is seen at last
week's high of $6.09 and then at $6.15. First support is seen at $6.00 and then
at Friday's low of $5.92.
$12.55
the contract high
$5.86
10-day moving average
$5.73 1/2 --- 20-day moving average
$5.85
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