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SE Iowa | My numbers came in last week and now I am looking at CN bumping up against some down trend res... could brk up at anytime now with market oversold...and estimated today -130k (still adding)..get a test of 6.02..
cz needs a close above 5.11-12 to say we put in a swing low...
chi wheat has res 6.65 and trade above could get into accelerate mode like kc did at 8.60
beans... still think swing low is with continued closes above 13.94. with Brazil premiums starting to rise.. we may get some exports back near term. Trading back above 14.04 adds to the confidence with meal on the continued break out... Soyoil looks like a buy...would like to see trade above 50.07 but risk is limited anyway imo. | |
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corn
