Each day I come in and open my charts hoping to find some directional bias to the market– maybe a break out or break down — don’t care but what is the genre — another tight range trade day with no volatility. The problem is exacerbated because crude is behaving similarly– those are the two favorite commodities for me to trade. Guess corn will be calling.
Support: $2.422-$2.414, $2.373–$2.356,$2.255-$2.176 Minor Support: $2.483, $2.162 Major Resistance: $2.74-$2.789, $2.89, $2.98-$3.05, Minor Resistance:$2.806
