Last Friday was a down day shared by several commodities in bull stance, like Orange Juice.  Just as thinly traded is Rice.  Here, daily candlechart of March Rice shows a triangle breakout that reversed to retest by again, falling back within the triangle (thus triggering alot of early anxious bull stops).  But here, before settling for the week, price recovers, flips and runs right back up,closing higher and forming a  beautiful bullish hammer candle.  Back up and out of the triangle, price is primed to thrust higher and fulfill many callings much, much higher.  My 5 Rice contracts swung a sum $4000 in value during this retest, but I held to  conviction and held on.  I don't use stops and dread market orders in such thin markets.  Rice total daily volume for the active March contract is usually just several hundred is all!!!  2000 cwt (hundredweight), 200,000 pounds, right? Tick size is a half penny per hundredweight, $10.  So, a move from 15.000 to 16.000 (one base, I call it) translates to $2000 per car.  And at 5 cars, I swing 10 Large per base.   A move from 15.000 to 15.100 yields $200 per contract, a thousand even on my 5 lot.

For the big picture, here is the monthly chart showing just how high rice can go when there is a scare and HALF THE WORLD'S POPULATION STARTS HOARDING.  Simply, rice will now "catch up" to the existing grain bull markets such as soy, corn, wheat and oats.  Should be a screamer. Alot of leverage for cheap (less than $1500) margin.