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Daily US grain report: market bulls squelched by risk aversion this week

US grain futures are mixed but mostly weaker in early US pre-market trading Tuesday (21 January).

21 January 2020

7 minute read

By: Jim Wyckoff

Strong rebound in prices last Friday gives bulls momentum, but they need to show follow-through strength this week to suggest price uptrend can be sustained — Strong rebound in prices last Friday gives bulls momentum, but they need to show follow-through strength this week to suggest price uptrend can be sustained
© Jim Wyckoff

Strong rebound in prices last Friday gives bulls momentum, but they need to show follow-through strength this week to suggest price uptrend can be sustained — Strong rebound in prices last Friday gives bulls momentum, but they need to show 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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