Are long-term frustrations in the Grain (Corn, Wheat & Soybean) markets about to end? In my humble opinion, what happens at each (1) will go a long way to answering this question.
Long-term trends for grains remain lower for more than 5-years. Over the past couple of years, they’ve done nothing more than trade sideways.
The very short-term rally of late in the grain complex has Corn, Wheat, Soybeans and Ag ETF DBA each testing important breakout levels at each (1).
With the long-term trends being down, each is currently facing critical resistance breakout tests.
If you would like to stay on top of these opportunities, you would find our Sector/Commodity Sentiment extremes weekly research report of value.
Our most popular product is our weekly combo. If you sign up for 2 weekly reports you receive 1 for FREE. Check out the sign-up details HERE.
–
