View Thread Return to Index Previous Next

Support and Resistance Traders' Forum

Grains target question.........
By:KC
Date: Monday, 6 December 2004, 1:46 pm

I'm using March05 Corn and Wheat daily charts for examples. Lets say we start getting some higher highs and higher lows and the trend seems to be turning back up. Am I correct in thinking 330-335 for a target and then 350 for a second target on wheat; and 220 and then 250 as potential targets for corn? Or would you figure a 50% retracement? If not, what targets do you guys see and what is your reason?

Messages In This Thread

Grains target question.........
KC -- Monday, 6 December 2004, 1:46 pm
Re: Grains target question.........
Rob -- Monday, 6 December 2004, 2:56 pm
Re: KC /Grains target question.........
Tom Loge' -- Monday, 6 December 2004, 4:34 pm