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TFC Commodity Trading Forum

Re: Drought Worsens/3 Grain ETF/Limitup

Its true; I've had my head handed to me more than once playing weather alone, and I'm a pretty good forecaster. Human behavior, as reflected in the charts, is powerful information. Case in point, NG. Technicals (especially momentum) and weather both are very bullish. What isn't is supply. There's tons out there and a high price is not justified. Nevertheless, based on technicals, and weather, I do suspect we're in for a bullish week. Not rational but that what the charts suggest.