Bullish & bullish. I did a video today covering them but the video went too long so I’m probably going to re-record it with more streamlined coverage. Bottom line, the near-term & longer-term charts of the grains (corn, wheat, & soybeans) are still bullish IMO.

Republicans & especially POTUS don’t seem to be overly concerned; in fact seem to be using the shutdown to their benefit, or at least attempting to do so. I also spoke to this before with the fact that the stock market didn’t give two flips about the shutdown before as it went to new all-time highs well after it started.

As such, by that logic, why would an end to the shutdown trigger a relief rally when it never caused a correction to ‘reverse’ to begin with??

Bottom line: I have no idea & can only trade based off the charts, not what I or anyone thinks may or may not happen once the shutdown ends. Others may have an opinion on what might happen to the stock market once the shutdown ends & I would encourage them to chime in.

I’m thinking that we could get one large down day before congress and president comes to their senses.

Do you think a resolution is already priced into the charts and any relief rally will be smallish and short lived?