Dominate Your Market
by Jim Wyckoff
The technical charts remain overall bearish for corn, wheat, soybeans, meal and bean oil futures. However, corn, soybeans, meal and HRW wheat have broken their near-term price downtrends on the daily charts, to suggest market bottoms are in place. “Corn is king” in the grains, and that market is starting to trend up. And if corn has bottomed out and continues to trend up, so likely will the other grains. Stay tuned!—Jim Wyckoff
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.