AGs all jumped today at 12:00 est

Discussion in 'Commodity Futures' started by countryBoy641, Aug 12, 2021.

  1. dba.jpg What was the news?
     
    Last edited: Aug 12, 2021
    Bastion_01 likes this.
  2. PPI?
     
  3. BKR88

    BKR88

    Monthly WASDE report.
    (World Agricultural Supply & Demand Estimates)

    a.2.png
     
    Last edited: Aug 12, 2021
  4. OK
     
  5. Which grains are you short? Average entry prices and size? My quants will be able to help, and tell you exactly how much you're offside vs. fair values.
     
  6. You're funny.
    I'm long all of them (the etfs), mostlly from last August.
    weat, corn, cane (Sugar)
    beans (soyb) is new for me.

    You just don't see these kinds of charts often.
    "Saucer" patterns.
    I think they come at major bottoms.
    I remember seeing them in 1982-1984, mostly in building materials and banks.
    But those kind of stocks are dangerous when they have saucer patterns.
    They can go bust (the balance sheets)
    Grains don't have balance sheets.

    weat_aug_21.jpg
     
    Last edited: Aug 13, 2021