490 $ new level to watch for bulls dreams of glory….
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rollover gap on finviz chart immediately sold lol (488/490 too strong to break)
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Maks. Its chris. You seem to be right about these dogs. Is there any hope for a bagholder like me?
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i m sure there’s tons of silent and ashamed bagholders trapped since hundreds point higher both here and wheat….i wrote many times that if it wont bounce now (last call) better wait gap 388 on wheat and 360/300 on corn to average the bags
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now that dxy is falling the exports will start picking up.
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Hey Maks. I think its time to buy grains. Lets see how it goes.
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time ago i tried to go long with corn since COT data and worldwide reviews telling is a buy but honestly charts still looking so scary if we are headed (forced by FED more appropriately telling) back to deflationary this thing could really flush to 380 / 260 range….i was aiming to imaginary (since substantially filled) gap 530 or even little higher but i made a big mistake…..
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Maks Marson second and third thought, youre probably right!
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260 corn 380 wheat should be the floor never been so easy to sell commodities lol
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amazing how corn can be down 30% yoy but they still blame inflation on commodities every time we get a little bump.