The Dan Flynn Corn & Ethanol Report
Friday November 30th 2012
Good Morning!
In the overnight electronic session the December Corn is currently trading at
747 ¾ which is down 3 ¾ cents at this writing. The trading range has been 752 ½
to 747 so far. I am anticipating this market to be a screaming buy on any breaks.
Stay Tuned!
On the Energy Front the January Crude Oil is currently trading at 8809 which is
2 points higher as I write in the overnight electronic session. The trading range has
been 8832 to 8747 so far. The markets technical formation is seeking a bottom and
has a tailored made bottoming position which would drive prices higher. Hopefully
it will punch through support and lead to lower prices. Unfortunately it does not look
like it is in the cards.
Have a Great Trading Day!
Call me for daily entry levels.
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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