Dan Flynn is the writer of The Corn & Ethanol Report, a daily market letter covering grains, energies, and various global issues that are the driving force and backbone of the commodity markets. Contact Mr. Flynn at (312) 264-4374
The Dan Flynn Corn & Ethanol Report
Wednesday December 19th 2012
Somewhat of a quiet evening session, in the overnight electronic session the
March Corn is currently trading at 719 ¼ which is down ¾ of a cent. The trading
range has been 722 ¼ to 716 ½. I am still sticking to my bullish guns even in light
On the Energy Front the American Petroleum Institute’s data release did anything
and through the bears to the side in their path. Although the market looks toppy but
avoid running into a freight train. In the overnight electronic session the January Crude
Oil is currently trading at 8860 which is 67 points higher so far as we head into expiration.
The trading range has been 8860 to 8781. Technically and Fundamentally the market looks toppy
But is on a roll for now.
Call me for daily entry levels.
Have a Great Trading Day!
Questions? Ask Dan Flynn today at 312-264-4374
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The information presented is from sources believed to be reliable and all information is subject to change without notice.
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