Casey IL. ( I -70 ) then south on rt.49 | I have basically have said and after today I feel the season down trend has started in the grains. I am thinking ( as djm. mentioned ) the 162 may already be in the market. This last burst was fund driven and I believe it is over for now.
You really need to understand how the funds work. Simple electronically ( putting it mildly charts ) I know some are not going to like this but it is the truth, study them I have. I watch Van Guard one of the big one's controls about 1/3 of the fund money.
I am going to be watching for Markwright's formula to work or not since the trend has change hope he is reading this and maybe he will tell us.
I would like some input on the grain to the cattle relationship is or is there not, it did not show today.
I probably want be in the markets the next ed couple of days just to find the new ups & downs.
When the market does turn around I feel we will have a new leader not wheat not corn but yes soybeans. watch them close because I feel there has been more damage to them than most realizes. On top of Acers to be played with this spring and if the [ ECON'S] can hold up beans may do some amazing things, Lets all hope so YA. |
will the grain trade
