Over the weekend I tried to catch up on podcasts and reading.
Larry Williams did a short session about what he was looking for in 2023.
Topics he touched on were the Soybeans and CAT.
Soybeans are close to breaking out to the upside and I will be watching for a trigger this week.
I’m viewing this as a trade, but the every decade rallies are worth taking note of.
Corn follows the same pattern, Wheat does not.
He overlaid this with his long-term cycle work, Hamsters need not apply.
CAT cycles are up into the end of the Qtr with a hiccup mid- February.
Cycle work is a whole different kettle of fish. It’s aimed at keeping you trading from a side within a trend.
Grains are commodities, which means if you’re looking at the wrong chart you’ll invariably lose money!