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Daily US grain report: wheat market is on fire, but how long can rally last?

US grain futures are higher in early US pre-market trading Wednesday.

22 January 2020

7 minute read

By: Jim Wyckoff

Bulls gain some momentum, but they need to show more follow-through strength this week to suggest price uptrend can be sustained — Bulls gain some momentum, but they need to show more follow-through strength this week to suggest price uptrend can be sustained
© Jim Wyckoff

Bulls gain some momentum, but they need to show more follow-through strength this week to suggest price uptrend can be sustained — Bulls gain some momentum, but they need to show more follow-through strength this week to suggest price uptrend can be sustained
© Jim Wyckoff

Bulls fade badly as technical damage inflicted to suggest retest of December low — Bulls fade badly as technical damage inflicted to suggest retest of December low
© Jim Wyckoff

Bulls fade badly as technical damage inflicted to suggest retest of December low — Bulls fade badly as technical damage inflicted to suggest retest of December low
© Jim Wyckoff

Jim Wyckoff

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