Grains- Summer lows behind us, Wheat up $1.00

Alan PalmerEnergy, General Commentary, Grains

Good morning,

Late chart adds.  If it interests you then let me know.  arp@walshtrading.com

OLS vio runs up to targets.

Dec Coffee was a near close olive buy now up $375 * 10 cent move.  Buy Inflation now.

Beans and coffee have bottomed and could now provide summer play to upside, 9.06 Aug beans, Sept coffee 122, 119, 117 115 all support, hit and filled, stay long the winners.

Wheat is in some sell areas.  Explosive short covering now.  My long term ol buys $3.96 Christmas eve 2016 is long term buy, no more risk.

Stocks- This is getting more interesting into qtr end mark to market, downside risk is increasing

Some nice trades to chat about if your interested.

Wheat is explosive today but is into sell levels.  Funds buying could push higher but watch a double back down under 4.93 set chgo.

CRUDE OIL- no comment but 2 levels 43.25.