gann45

  1. 13,177 Posts.
    lightbulb Created with Sketch. 26
    Gann did you end up getting into any of the grains complexes. Chicago wheat broke a key technical resistance on Friday. This week could see fireworks in the grains, especially wheat and corn. I am fairly confident the bears are now starting to truly believe after such a long time that grains will carry through on this rally.

    It will be interesting to see how China reacts to India entering the wheat market. China is anticipated to be in the market for a minimum of 20 million tonnes this year. Makes sense for these large holders of US dollars to grab grain now before they see an emulation of what has happended with sugar!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.