On 2/7 I did a post on Rice, a food staple for many around the world. In that post the “Power of the Pattern” suggested that rice was up against strong and important resistance. Rice has now declined 10% since hitting key resistance. (see post here)
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A breakdown of JJG should treat AGA very well! One day a trend does not make, yet look at BAL and the grains today!
FYI- Earlier post suggested to keep an eye on Copper and FCX. Can we tie grains and Coppers price action together? Keep a close eye on all of these!!!
