A.M. Look 12/16/19

Currency Futures Expire today @ 9:15

Zhengzhou commodity exchange…Sugar volume quadruple ICE..
Trading is shifting offshore and out of dollars.

Whether intentional or unintended, the consequence is the same.
The Trade Wars have outcomes.

Lumber has ben going sideways to slightly higher most of the year.
Friday it put in an ORH day. It bears watching.

Guess what…no interest in being short!
The market will seek the path of least resistance over the next two weeks.

Spoo..

.

Russell

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