Originally posted by AlbertaFarmer5
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Investment in ETFs, ie.WEAT will result in increased futures contract holdings.
I tend to think there is too much focus on the "fundamentals" or the WHY instead of following the price action.
At some point in the future, there will be a rotation out of commodities contrary to the "fundamentals".
I anticipate a pullback in CBOT wheat in the next 1-2 weeks, maybe as early as next week.
If it happens, it will be interesting as to what the news catalyst will be.
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