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    Daily US grain report: traders focusing on drier weather outlooks heading into August

    US grain futures prices were higher in overnight trading as the bulls work to recover from the recent selling pressure.
    calendar icon 24 July 2019
    clock icon 4 minute read
    By: Jim Wyckoff
    North America
    Bulls work to stabilise market. Drop below the July low of $4.20 1/2 would produce serious chart damage and suggest downtrend
    Bulls work to stabilise market. Drop below the July low of $4.20 1/2 would produce serious chart damage and suggest downtrend

    © Jim Wyckoff

    Bulls need to show strength this week. Drop below July low of $8.90 1/2 would produce serious near-term chart damage and suggest price downtrend
    Bulls need to show strength this week. Drop below July low of $8.90 1/2 would produce serious near-term chart damage and suggest price downtrend

    © Jim Wyckoff

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    Jim Wyckoff

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