Can be taken on CME, basically exactly 2 ZR contracts long per 1 contract ZS short. I am very convicted of this one.
Peep the CoT
I'm not a CoT trader, but last time Comms were short this qty, we roof-pulled on Rice. Crazy illiquid contract/asset so that's going to happen. Big believer that agriculture futures are a totally trash garbage market masquerading...
This Fib layout consists of the most important agricultural commodities. Beef, Pork, Soybean, Corn, Wheat, Rice, and Orange Juice Futures.
-Orange Juice is sold as a frozen concentrate which makes it a commodity.
Each Schematic is worked through by Large Institutions on behalf of the Fed.
Market Manipulation through inflation and destroying meat processing...
Continues its grind upward as expected. Can't eat Bitcoin, gold , silver , or guns here. I see no reason for food to come down unless its luxury/non essential items. Sky is the limit once Rice cracks 25 dollars. This could be the new gold.
Rice still in its bull flag and continues to hold and build a solid structure foundation. A huge moonshot coming for rice. It will be the real unobtanium. Food will be the new gold. Ever though gold and silver are going to go insane. Food and water will move harder.
If Klaus Schwab has his way this year, expect protein prices to go parabolic. What happens when people get outpriced in wheat and meat? Not only will supply continue to increase at a faster rate thn in previous years. Also global weather conditions have caused many droughts and other weather phenomena. If that isn't enough. The supply chain has been crippled over...
Rice continues to push up against this resistance level. At some point we will get above that R level and enter a straight up zone that could easily see ZR rice nearly double overnight.
It is coming. Show me the chart. I'll tell you the news.
Something big is coming. Global famine? Maybe in some areas but likely there will be food in many 1st world countries. The...
Looking at the H4 chart, my overall bias for ZR1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 18.045, where the 50% Fibonacci line is. Stop loss will be at 18.375, where the recent high is. Take profit will be at 17.285, where the previous swing low is.
Please be advised that the...
Looking at the H4 chart, my overall bias for ZR1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. Price is also along a bullish trend line. Looking for a buy entry at 18.050, where the 61.8% Fibonacci line and recent high is to ride the bullish momentum. Stop loss will be at 17.600, slightly below where the 50%...
Title: Rice Futures ( ZR1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 18.530
Pivot: 17.620
Support: 16.630
Preferred case: Looking at the H4 chart, my overall bias for ZR1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to...
Continuing to watch rice march upward for many many months when I first visited this chart. Been incredible to watch but imo this is only the beginning. I expect a measured move up to previous ath. That zone is a straight up and down area so it could be very explosive. However , the extensions I have pulled are really unimaginable prices. I expect food prices to...
Recently, I received questions asking my opinion on their borrowing cost, if they should go for fixed or float rates. We somehow know there is inflation, but not exactly sure how long it will last and how bad it will get. Because higher inflation leads to higher interest rates.
While I cannot advise them as I do not have a banking license to do so. However, I can...
Rice prices setting up for another leg higher. Explosive move at least a 2.5x
“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.” H Kissinger
Type : Bearish Drop
Resistance : 16.570
Pivot: 16.310
Support : 16.035
Preferred Case: On the H1, price is moving below the ichimoku cloud and within the descending channel which gives us a bearish bias that prices will drop to the pivot at 16.310 where the 78.6% fibonacci retracement, 61.8% fibonacci projection and swing low support are. Once there is downside...
