The Dan Flynn Corn & Ethanol Report
Tuesday November 27th 2012
Good Morning!
The Corn continues to charge like the Calvary has been bugled! Let’s Charge!
In the overnight electronic session the December Corn is currently trading at
751 which is up 3 ¾ cents. The trading range has been 752 ¼ to 746 ½ so far. My
bias has not changed and expect food shortages going into the winter months
that will drive prices higher.
Stay Tuned!
On the Energy Front the January Crude Oil is currently trading at 8797 which is
23 points higher in the overnight electronic session. The trading range has been
8825 to 8771 so far. I still believe we can break to the downside even though the
Technical tell me otherwise which show a bottoming formation and also events
around the globe are unfavorable to my forecast.
Stay Tuned!
Call me for daily entry levels.
Have a Great Trading Day!
Thanks,
Daniel Flynn
141 West Jackson Blvd | Suite 1340A | Chicago, Illinois 60604
312 264 4374 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax)
Email: dflynn@pricegroup.com
Web: www.pricegroup.com
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