Stable Overnight Grains and Cotton Despite Dollar Strength

Posted on 03/09/2017 10:25 AM
Wheat: Tech Talk was updated yesterday. For the July SRW contract, Level 3 cycle lows occurred Dec. 2 and Dec. 17. The next low is due this week and no later. With the oversold five-day stochastic setting up for a positive divergence, it seems best to favor a short-term rebound. Short-term cycles are not as reliable when applied to ope...