Just updated the grains yesterday. All still look good but wheat testing key resistance so some consolidation here until/unless WEAT clearly punches thru 6.07 is to be expected. Plus, WEAT put in a divergent high on the 60m chart when it hit that key 6.07 resistance yesterday so a profit taking pullback is likely but longer-term charts still constructive, ESPECIALLY & ONLY IF WEAT takes out 6.07 on a solid daily closing basis. This link will start the video where I covered it yesterday: https://youtu.be/QbOmDvrG45M?si=xF2H5D58dN00YFn_&t=1430

p.s.- If/when WEAT takes out that T1/6.07 resistance, CORN & SOYB will likely follow sooner than later.

Yes, I addressed that (the defensive sectors of the S&P 500, in particular, those two) in one of the recent videos (either yesterday or Monday) with the same logic (defensive sectors are outperforming/institutional investors accumulating…probably while stealthily selling tech to the retail investors on the post-Mag 7 earnings lift)