Nice little bounce for the grain markets
Nice little bounce the markets had today. Big question is why? Wall street just decide to buy everything today? Including the commodities and the grains?
Wheat had a rather sharp bounce when the markets opened up this a.m. after being lower in the overnight session.
Some charts have moved up near areas where we could struggle; but a break of resistance could open up the upside potential in a hurry too.
Wheat had a rather sharp bounce when the markets opened up this a.m. after being lower in the overnight session.
Some charts have moved up near areas where we could struggle; but a break of resistance could open up the upside potential in a hurry too.