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Daily US grain report: markets seeing change in trader psychology – to more bullish

US grain futures prices were slightly lower overnight on downside corrections after hitting multi-week highs on Monday.

17 December 2019

7 minute read

Price pop negates price downtrend line. It appears the market has finally bottomed out and can trend at least sideways in coming weeks — Price pop negates price downtrend line. It appears the market has finally bottomed out and can trend at least sideways in coming weeks
© Jim Wyckoff

Price pop negates price downtrend line. It appears the market has finally bottomed out and can trend at least sideways in coming weeks — Price pop negates price downtrend line. It appears the market has finally bottomed out and can trend at least sideways in coming weeks
© Jim Wyckoff

Bulls have strength as fledgling uptrend line in place. Market bottom likely in place to suggest at least sideways price action into the end of the year — Bulls have strength as fledgling uptrend line in place. Market bottom likely in place to suggest at least sideways price action into the end of the year
© Jim Wyckoff

Bulls have strength as fledgling uptrend line in place. Market bottom likely in place to suggest at least sideways price action into the end of the year — Bulls have strength as fledgling uptrend line in place. Market bottom likely in place to suggest at least sideways price action into the end of the year
© Jim Wyckoff

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