Rice (ZR) (EOD)


#1

Just been looking through a few commodity phasings I have. Rice looks good for a bullish move out of an 18 month nominal low here. Posting the chart here for the record and will track in due course.


#2

I looked at rice some time ago and seem to remember it cycled very well with strong up and down moves. I was concerned about liquidity I think since I had never traded it.


#3

Yer, its not the most widely traded instrument. There are some ETFs one can use to get some exposure nevertheless. Such nice cycles…


#4

Quick update on this one for the record…just missed upside 18 month FLD target and now falling from a 20 week peak at least, possibly 18 m.