Corn 4/30

10:30 Corn opening at 627 on the July/June & Current month... expect to see a small run up at the open and possibly an entry position to purchase puts...

"That's No Moon ... That's a Trade Station..."

Thursday 4/26 CN12 10:13 Implied open is 601, Confirmation form VP 0, PSTD, PMTD, PLTD are all negative and growing... Range is 610 to 597, we could see a crash below 600 only to retrace back above 605... hard to tell... However, as we are still range trading... I may sit this week out...

Wednesday Corn 4/25

10:00 General Had a Mad Cow Disease Scare yesterday in Texas... had a limit down in Live Cattle... Beans are up 28 cents in the Overnight and corn is up 5 cents. June and July Corn is at 614.. VP is again giving me a +1 on the PNI with a range of 602-615... Not comfortable at this level... Will sit out and look for an OP...

Tuesday Corn

10:29 CN12 Implied open 617, VP giving me a +1 with a range of 606-620... Open at 618

1:19 CN12 a breakthrough 609.25 just happened and now looking for next target of 611.5... 609.25 was Fib of Fridays High/Low, No Position On...

11:08 CN12 trading at 608 with a morning bonce off 600 with the front month trading at 618, Considering buying a 6200 put, but expect to see further upward movement today now that the market is open...

USDA Link

I Cannot Teach Him, The Boy Has No Patience

Master Yoda