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Jim Wyckoff

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Grain market bulls have some momentum

April 18, 2023 by Jim Wyckoff

The corn, soybean and HRW wheat futures markets are presently enjoying price uptrends on the daily bar charts. And the SRW wheat market’s sideways trading at lower levels suggests a market bottom is in place. Look for more upside price action in the grain futures markets in the near term. Grain market traders are heading into the more active and volatile months for their futures markets—the U.S. planting and growing season for corn and soybeans and the harvest season for winter wheat. More years than not, at least one weather market scare of some degree occurs in the U.S. spring and summer months. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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