Wheat, Corn and the ETN JJG
To my eye, grains are in an ending diagonal or wedge in the latter stages of its development. Let us start with the ETN JJG which I think has the same ending diagonal form as wheat and corn but where a wedge is easier to see.
Grains preparing for a breakout
We still believe a low is nearby, and this post explores some ways to trade it with the expectation of a bounce.