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Daily US grain report: big speculative “funds” caught on wrong side of grain futures

US grain futures prices were higher overnight. Corn was up around 1 1/2 cents, soybeans up around 3 1/2 cents and wheat around 5 cents higher.

27 December 2019

7 minute read

By: Jim Wyckoff

Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term — Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term
© Jim Wyckoff

Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term — Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term
© Jim Wyckoff

Pause recently is not bearish but bulls need to show fresh power soon or risk sideways and choppy trading in the weeks ahead — Pause recently is not bearish but bulls need to show fresh power soon or risk sideways and choppy trading in the weeks ahead
© Jim Wyckoff

Pause recently is not bearish but bulls need to show fresh power soon or risk sideways and choppy trading in the weeks ahead — Pause recently is not bearish but bulls need to show fresh power soon or risk sideways and choppy trading in the weeks ahead
© Jim Wyckoff

Jim Wyckoff

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