Grains- Summer Low’s may be in, possibly beans and meal go back down but this is my 34th weather market so strap it on, “it’s getting hot in here.”
Meal could be the best sell, spreading-wise against a few. Crush for soybean oil and by-product soy-meal could become the weak sister. 307-ish now but just spiked down on 6,000 contracts. Is this it?
Corn, watch this big apex. Farmer’s pay attention and have open order sells in case they spike in overnight or run to the elevator that day. It may be like silver at the $50 top, remember? Macro big picture is guess.
Crude- Olive line buy $45.15 may be bottom, place stop accordingly, short-medium term. See how gold and crude trade opposite in these short timeframes? Stops always always always because air if gets much under $45.
Gold- Macro trend resistance hit around $1,300 during this roll