FOR TUESDAY: (3/13) Not sure the grains will continue much lower past Tuesday or a more congestive pattern may develop. Willing to buy hogs but mixed signals on cattle.
JULY CHICAGO WHEAT (electronic ok)
TODAY’S COMMENTS: (3/13) Wheat bounced enough that 500 isn’t likely to come out. Market may be a buy in the morning actually but we’ll see how it acts overnight. Need to do more work around the rest of the month.
CYCLES OVERVIEW: Lower into Tuesday; recovering Wednesday.
