Daily US grain report: keen geopolitical tension dents grain market bulls

US grain futures were lower overnight, amid the keen marketplace uncertainty regarding the US military strike that killed an Iranian general in Baghdad, Iraq.
calendar icon 3 January 2020
clock icon 7 minute read
Bulls showing just enough power to suggest sideways-to-higher price action in January
Bulls showing just enough power to suggest sideways-to-higher price action in January

© Jim Wyckoff

Bulls showing just enough power to suggest sideways-to-higher price action in January
Bulls showing just enough power to suggest sideways-to-higher price action in January

© Jim Wyckoff

Bulls have firm advantage as price uptrend line in place. Path of least resistance is sideways-higher in near term
Bulls have firm advantage as price uptrend line in place. Path of least resistance is sideways-higher in near term

© Jim Wyckoff

Bulls have firm advantage as price uptrend line in place. Path of least resistance is sideways-higher in near term
Bulls have firm advantage as price uptrend line in place. Path of least resistance is sideways-higher in near term

© Jim Wyckoff

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