Risk off in outside markets and increasing inflation talk sparks more fund and technical selling on Friday in the grains. With lower weekly closes will the funds continue to liquidate longs next week? Arlan Suderman of StoneX Group has the answer.
Risk Off Day Friday Causes Fund Liquidation in Grains: With Lower Weekly Closes Will Technical Selling Continue?
Risk off in outside markets, increasing inflation talk sparks more technical selling in grains. With lower weekly closes will the funds continue to liquidate next week? Arlan Suderman of StoneX has the answer.
February 24, 2023 02:24 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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