FOR THURSDAY: (2/22) Grains are often lower on Thursdays, and a pullback may be in order but still could make new highs for beans on Friday and into Sunday. Cattle have a low on Thursday and a recovery on Friday, and hogs are probably a sale by Friday but need to complete research.
MARCH CORN (electronic ok)
TRADING RECOMMENDATION: Wait for morning comments.
TODAY’S COMMENTS: (2/22): Not much happening. Not worth trading with upside potential to 371.50-373 if beans and wheat can take off and carry it up. Not seeing it slide until after next weekend so will leave it alone.
CYCLES OVERVIEW: Retracing Thursday; higher into Sunday.
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