technical chart signals

[oliver990]

can someone comment on chart signals for us?
nearby and deferred contracts for:

ICE canola
corn
beans
min wheat

is it agreed that if need cashflow, bias is canola not wheat in next few months? i believe less percentage increase in canola than wheat is shaping up. thoughts

[bucket]

I have read that wheat is "coiling" and getting ready for a release. The spring should release up.

The factors are:

1. Production in Canada and the US is known.

2. The Ukraine is banning exports

3. Russia may follow and if they don't, they may need to buy wheat to fill contracts.

4. Austalian crop is low protein and lower yields.

5. Argentina is very wet.

6. Contrary to China's slowdown, they have bought 600,000 tonnes of Canadian wheat.

7. Where else does a buyer go for high quality wheat?

8. If high quality wheat can't trade for a premium over ethanol wheat soon, what does everyone think will be put in next spring?

Now considering those few factors, which way would you say wheat is going?

[Daylate]

Sell and Haul everything by christmas, then go on a 3 month holiday. Now get back to work Oliver!!!LOL

[ColevilleH2S]

What is happening in Minneapolis Wheat? Not much.

<a href="http://s335.photobucket.com/albums/m441/npksetal/Bucket/?action=view&amp;current=MinnWheat_zps80155e1d.jpg " target="_blank"><img src="http://i335.photobucket.com/albums/m441/npksetal/Bucket/MinnWheat_zps80155e1d.jpg" border="0" alt="Photobucket"></a>