date:Apr 16, 2014
breakout objective for the bears is pushing and closing prices below solid support at $4.90. First resistance for May corn is seen at todays high of $5.07 and then at $5.12 1/2. First support is seen at todays low of $4.97 1/2 and then at $4.94. Wyckoff's Market Rating: 6.5
May soybeans closed up 13 cents at $14.76 1/4 a bushel Monday. Prices closed near the session high. Higher corn and wheat prices helped to lift soybeans today. The soybean bulls have the solid overall near-term technical ad