BASIC & RECENT MARKET INFO

March Wheat - Steady to 0.50 Higher March Corn - Steady March Bean Oil - 0.50 Higher March Beans - 0.75 Higher to 0.50 Lower Review for Wednesday's trade, new numbers for tomorrow. February Crude Oil marked its low 14 cents below the 56.00 support level, after selling off about 1.30 bucks from the high. support - 56.70, 55.80 resistance - 58.85-58.95 - breakout higher point, 59.65, 60.40 March Soybeans marked the high price 2.50 cents above the 1068.00 resistance number, afte

An annual trading summary by Wright on the Market’s Eugene  While the markets are on holidays it is becoming a tradition to make a recap of our trading experience to share our growth from rookie to hopefully successful life-long futures traders. Five years ago Nick and I joined Wright on the Market. I began trading futures three years ago in January with $10,000 of joint capital. You can read previous annual entries in our blog . The goal was to enhance Nick’s and my market e

Mar Wheat - Steady Mar Corn - 1.00 Higher to 1.00 Lower Mar Bean Oil - Steady to 0.01 Lower Mar Beans - Steady to 0.50 Lower February Crude Oil marked its high price just 3 ticks shy of the 58.90 resistance level, then sold off about 2.05 bucks, to in between the 2 stated support numbers. support - 56.30, 56.00, 55.60 resistance - 57.70, 58.45 March Soybeans marked the high price 1 tick above the 1068.50 resistance number, then proceeded to sell down about 13.00 cents to a fe

Mar Wheat - 0.50 Higher Mar Corn - 0.50 to 1.00 Lower Mar Bean Oil - 0.02 Lower Mar Beans - Steady to 1.00 Lower February Crude Oil marked its Low price 14 cents below the 56.45 support level in overnight trade, then rallied about 2.20 bucks into the afternoon. support - 57.50, 56.30 resistance - 58.90, 59.65, 60.30 March Soybeans marked the high price 2.50 cents above the 1060.50 resistance number, after a rally of about 18.00 cents from the opening/low print. support - 1052