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    Daily US grain report: market bulls starting out the week in better shape

    US grain futures prices were higher in overnight trading, on some short covering and fresh speculative buying interest.
    calendar icon 29 July 2019
    clock icon 4 minute read
    By: Jim Wyckoff
    North America
    Bulls are fading; a drop below July's low of $4.20 1/2 would produce serious chart damage and suggest sustained downtrend
    Bulls are fading; a drop below July's low of $4.20 1/2 would produce serious chart damage and suggest sustained downtrend

    © Jim Wyckoff

    Drop below the July low of $8.90 1/2 would produce serious near-term chart damage and suggest sustained price downtrend
    Drop below the July low of $8.90 1/2 would produce serious near-term chart damage and suggest sustained price downtrend

    © Jim Wyckoff

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    Jim Wyckoff

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