FOR FRIDAY: (11/10) Grains look lower on Friday and there still may be some money to be made but not sure we can hold on if we do get filled very long. Cattle cycles look weaker into the open of Monday but turn volatile.
DEC. CORN (electronic ok)
TODAY’S COMMENTS: (11/10) Resistance at 342 with patterns suggesting 336 and then we have a bounce due next week. We missed late attempts to sell 348 after the report and we’re moving into harvest pressure.
CYCLES OVERVIEW: Lower into Friday; recovering Monday/Tuesday.