Good Morning !
Yesterdays surge in the U.S. Dollar sent the commodity markets to their knees.The March Corn was not an exception in the washout taking a real beating in the open outcry session.
In the overnight computer action I March corn trading at 400 1/4 which is up 3 1/4 cents as i write.The rangfe is 401 1/4 to 395 3/4. I look to put my bullhorns on at these levels. I beleive we should have heavy support right here.
On the Energy Front Natural Gas is the story with a bullish inventory stock number and attention of the majors buying and investing in smaller Natural Gas companies. Traders are pondering, if the infrastructure is in place and is this the changing of the guard in the future of the Energy Complex !
Have a Great Trading Day !