MERRY XMAS TO ALL
Thursday 23rd Jan Options expire
23rd at night NO night Trading
24th Xmas Eve markets are CLOSED (Day and Night sessions)
Sunday the 26th night trading / OPEN
S.A. weather keeping a floor under Corn and Soybeans
Please IF need be buy puts which leaves your upside open
These are profitable prices. Cover your needs for Jan. and Feb.(Bills)
Soybeans over head res. here
200 day ma.
Weekly 26 avg
Monthly 6 avg.
March Corn possible res: on the Weekly Charts
1) settles Higher on the last trading day before Xmas 11 out of 12 yrs.
2) after Xmas the first day of trading settles unchanged to Higher
11 out of 12 yrs.
Again MERRY XMAS
Enjoy the weekend
call me with any questions