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| Green before report, green at the close.
The bearish numbers, funds really short, bearish sentiment, its starting to feel baked in at this point.
Dollar being up may be the biggest factor exports are what they are.
Covid had beans in the 8s and 9s. I don't think we see 980.
I would be nervous short here. Can it be right? Yes it can. But which way could create more momentum and energy? Run to 11 or 13?
I don't have an answer, just thoughts I had after the close.
Soyoil seemed unaffected with that report and has had a good run this week. Maybe that's our canary in the coal mine???? | |
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Soybeans
