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Daily US grain report: market bulls out of the gate in good fashion Monday

US grain futures prices were higher in the overnight trade Monday (8 July).

8 July 2019

3 minute read

By: Jim Wyckoff

Price downtrend in place; bulls in trouble and need to show power soon to avoid more serious technical damage - corn will have to lead a rally in soybeans in the near term — Price downtrend in place; bulls in trouble and need to show power soon to avoid more serious technical damage - corn will have to lead a rally in soybeans in the near term
© Jim Wyckoff

Bulls regain upside momentum with recent gains; more upside early this week would suggest a retest of the June high, or above — Bulls regain upside momentum with recent gains; more upside early this week would suggest a retest of the June high, or above
© Jim Wyckoff

Jim Wyckoff

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