Tuesday 26th FOMC Meeting
Wed.27th FOMC Meeting

We are in a down trend and yes are oversold.
Looking for a bounce BUT here are some key numbers:

Year Lows
Sept corn 557                    Dec. corn 542.50
Aug. Beans 1341.75          Nov. Beans 1274
Sept Wht 738.25                Dec. Wht 743.75

Resistance numbers imho
Dec. Corn 600-610.50 and 200 day ma. 620.50

Nov. Beans 1360 and 20 day ma 1376 and 200 day ma 1381.50

Markets do sometimes give ya a 2nd chance . Hedge percentage  or buy puts if we reach res. numbers. Be pro-active 

1) Weather
2) US Dollar
3) Russia/Ukraine ports open to ship
4) Funds/more risk off??
5) China

Next weekend there won’t be a weekend comments.
Leaving with the family this Thursday and won’t be back until Monday night.

Be Safe
Can follow me on twitter scott capinegro
call with any questions
Branch Office HighGround trading