[Modern Monetary Theory]

The more I look at MMT, the more it looks like Keynesian economics.

[Cup o' coffee anyone?]

Well it happened, Robusta broke lower. 16:45-16:55 (GMT) price broke 1288 and headed down to 1275. Market closes very soon, I am going to look at shorting the pull backs with a target of 1230.

[Cup o' coffee anyone?]

Robusta is sitting right at the bottom of a level that has not been broken since Nov'19. Going to watch and see if it breaks or puts in a swift reverse.

 

[Beans Wheat Corn]

Afternoon,

Adding Rice to the thread, it was brought to my attention from a old colleague who picked up on the fundementals. Weekly chart has a solid upward trend since Nov, and the daily chart has few pullbacks, and (somehow) appears unaffected by the C virus.

 

[Beans Wheat Corn]

Hi,

The Chicago Wheat looks like it could pull back to the 550 point due to the 50 day EMA (blue line). Its been there twice before in Nov and Dec before bouncing back up.

Don't like the 15 point minimum bet though! With an ATR of 10, its a bit spicy for my current portfolio.