Daily US grain report: traders more upbeat on US-China trade deal specifics

US grain futures prices were firmer overnight. Corn was up around 1 cent, soybeans up around 2 cents and wheat up around 3 cents.
calendar icon 20 December 2019
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Bulls pause late this week but need to show fresh power soon or risk sideways and choppy trading in the weeks ahead
Bulls pause late this week but need to show fresh power soon or risk sideways and choppy trading in the weeks ahead

© Jim Wyckoff

Bulls still have advantage as price uptrend line in place; path of least resistance is sideways-higher in near term
Bulls still have advantage as price uptrend line in place; path of least resistance is sideways-higher in near term

© Jim Wyckoff

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