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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (218535)6/27/2012 1:32:25 PM
From: stuffbug  Respond to of 312486
 
No Idea. My guess is that the weightings for the different commodities are not the same.

I own some RJA - never had any JJA. I compared the charts and I see what you mean.
On the daily chart, the JJA is at a volatility extreme (using the Ketlner 50,5 bands) whereas the RJA is about 3% below the upper band.
Also, JJA is above the 200 day MA whereas RJA is still below.
And YTD, JJA is up about 2% and RJA is down 1%.
After a quick review of the weekly charts, it appears that JJA has slightly outperformed over the last couple of years.

Oh well. They are both headed north.

Ag is definitely in rally mode. Dry conditions in the U.S. are threatening the corn crop. And soy beans are also moving up. We will have beans in the teens again this summer. Cotton (BAL) and sugar (SGG) appear to be bottoming on the weekly charts. Ag commodities tend to have beautiful trends on the weekly charts. Fantastic 80% moves in 2010-2011 for RJA and JJA. During that run sugar and cotton both tripled.