Grains Are Waiting For The Spring Rally Summary
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Posted On: 04/18/2017 2:02:25 PM
Grains Are Waiting For The Spring Rally
Summary
Fundamentally, both wheat and corn prices are now balanced.
The stocks are putting the pressure on the market, but the weather has not yet said its final word.
From the technical point of view, both wheat and corn markets are now more suitable for buying than for selling.
https://seekingalpha.com/article/4062915-grai...5&dr=1
Commodity funds>>>
http://stockcharts.com/h-sc/ui?s=WEAT&p=D...4487349909
http://stockcharts.com/h-sc/ui?s=CORN&p=D...1292133376
Summary
Fundamentally, both wheat and corn prices are now balanced.
The stocks are putting the pressure on the market, but the weather has not yet said its final word.
From the technical point of view, both wheat and corn markets are now more suitable for buying than for selling.
https://seekingalpha.com/article/4062915-grai...5&dr=1
Commodity funds>>>
http://stockcharts.com/h-sc/ui?s=WEAT&p=D...4487349909
http://stockcharts.com/h-sc/ui?s=CORN&p=D...1292133376
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