Daily US grain report: market bulls have confidence heading into holiday season

US grain futures prices were firmer overnight and bulls have some momentum on their side to start the holiday-shortened trading week.
calendar icon 23 December 2019
clock icon 7 minute read
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

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

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