Rice (ZR) (EOD)

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.

1 Like

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.

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

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.