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Ontario's middle east | Thx for the charts. The corn is showing that penant formation with the narrowing range. It is a certainty support or resistance will be breached and you generally should pay heed to that signal. I'm thinking supplies are adequate for now and support is threatened. I would look for a bounce in beans next week but I think it will be futile until a SA weather problem ...then its a totally different game. I'm thinking $6 and $13 are reasonable targets that end users should take stock of. | |
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charts posted
