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Jim Wyckoff

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Wheat market bulls on fire! But for how long?

January 22, 2020 by Jim Wyckoff

The corn and soybean bulls have faded recently but the wheat market bulls are strong, pushing futures prices to multi-month highs recently. The big question on wheat traders’ minds: Can wheat futures prices continue to rally at the same time corn and soybean prices trend sideways to lower? Veteran grain traders think this scenario cannot last long. However, at present, the price trend in wheat futures is up, and “the trend is your friend” in trading markets. Stay tuned!–Jim

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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