Linda Raschke: Small body, big tail pattern can lead to trend day in grains

Linda Raschke: Small body, big tail pattern can lead to trend day in grains
Pattern indicates trend day in grains

Linda Raschke, founder at LBR Asset Management, points to the significance of a 'small body, big tail' pattern in market charts, noting that this setup can lead to a trend day.

In her recent commentary, Raschke observes that this pattern appeared across all grain markets.

Raschke has previously detailed how copper often initiates key price movements during the Asia evening session, pointing to distinct trading patterns in that market (link). She has also noted that SP structure can differ across charts when resistance appears near the midpoint of a prior range (link). These observations reflect her focus on specific technical features across asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.