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    Daily US grain report: grain market bulls enter 2020 with a head of steam

    There was no US grain futures trading overnight, following the New Year’s holiday Wednesday. Look for some fresh speculator buying interest in the grain markets in early January, as the charts have turned more bullish in recent weeks.
    calendar icon 2 January 2020
    clock icon 7 minute read
    By: Jim Wyckoff
    North America
    Bulls showing just enough power to suggest sideways-to-higher price action in January.
    Bulls showing just enough power to suggest sideways-to-higher price action in January.

    © Jim Wyckoff

    Bulls showing just enough power to suggest sideways-to-higher price action in January.
    Bulls showing just enough power to suggest sideways-to-higher price action in January.

    © Jim Wyckoff

    Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term
    Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term

    © Jim Wyckoff

    Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term
    Bulls have firm advantage as price uptrend line in place; path of least resistance is sideways-higher in near term

    © Jim Wyckoff

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    Jim Wyckoff

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