Grains Report
07 March 2022
Weekly Corn Continuous Close
Firstly I was utterly wrong.
Secondly, thank goodness for stop losses.
I was wrong on a mammoth scale, and the Black Swan of WAR seems to have ended many a player.
Being wrong is nothing compared to what the people being affected by this war are experiencing, so with that in mind, let us hope for everyone’s sake this conflict ends soon.
I am not willing to make a call on any of these charts.
240 Min March 22 Corn Candle Chart Close
Again thank goodness for stop losses.
Technically this chart is now so 50/50, and hence I am happy to sit out until the dust has settled.
Weekly WM Continuous Close
Another chart I have had utterly wrong due to the Black Swan of WAR.
I have no strong views other than to urge producers to price as anything can happen.
Weekly YM Continuous Close
Another chart I have had entirely wrong due to the Black Swan of WAR.
I have no strong views other than to urge producers to price as anything can happen.
Weekly KC Wheat Continuous Close
Firstly well done to all that had long positions.
I have never felt so bad about being so right, and I will be taking a good few weeks off before retaking any view on these charts
Weekly Chicago SRW Wheat Continuous
Firstly well done to all that had long positions.
I have never felt so bad about being so right, and I will be taking a good few weeks off before retaking any view on these charts.
Daily Close KC Wheat v Chicago SRW Continuous Close
We will take profit on the below.
Selling the rally over $0.30 has me sweating and the only thing helping me keep it together right now is that market is grossly overbought. – Great trade
Weekly SAF Wheat Continuous Close
Firstly well done to all that had long positions.
I have never felt so bad about being so right, and I will be taking a good few weeks off before retaking any view on these charts.
Daily Matif Wheat Continuous Close
We will sell out ASAP.
I am starting to like what I see, and I am now a buyer of this chart with a stop under €260.00. – lucky to have been long.
I have never felt so bad about being so right, and I will be taking a good few weeks off before retaking any view on these charts.