Sunday, August 22, 2021

#Grains Review #Corn #Soybeans #Wheat #Ag

Grains Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

Grain's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

The energy build on beans at 64% is pretty impressive. Corn not too far behind.

I can tell you the traders I talk to are all pretty demoralized.

China is slow rolling their soybean purchases, timely rains…. No more “beans in the teens”.

Should be interesting next week.


Subscriber Comments

Yes, every week is interesting when following the invisible hand. Soybeans impressive DI under the start of cause building sends a strong message to those following energy and the Evolution of the Trade. Demoralization is common, because too many trade without specific discipline.

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