US daily grain report: markets boosted by trade deals, upbeat attitudes

US grain futures prices were higher overnight. Corn was up around 6 cents, soybeans around 8 cents higher and wheat up about 7 cents.

16 December 2019

7 minute read

By: Jim Wyckoff

Resistance at $4.00 — Resistance at $4.00
© Jim Wyckoff

Resistance at $4.00 — Resistance at $4.00
© Jim Wyckoff

Price pop negates price downtrend line; bullish weekly high close last Friday another positive clue the market has finally bottomed out and can now trend at least sidewats in coming weeks — Price pop negates price downtrend line; bullish weekly high close last Friday another positive clue the market has finally bottomed out and can now trend at least sidewats in coming weeks
© Jim Wyckoff

Price pop negates price downtrend line; bullish weekly high close last Friday another positive clue the market has finally bottomed out and can now trend at least sidewats in coming weeks — Price pop negates price downtrend line; bullish weekly high close last Friday another positive clue the market has finally bottomed out and can now trend at least sidewats in coming weeks
© Jim Wyckoff

Jim Wyckoff

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