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Central Missouri | imo, the stance of the macd is not in line yet with initiating new long positions. It may take some time to fix that. With that said the market could move sideways and time will go by. The markets job was to wash the weak longs and it accomplished that yesterday as it ran the stops to the downside. Painful for corn in storage. May provide a good basis opportunity if price stays down for a while. | |
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