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SE Iowa | Or.....it just the funds are -220k my guess they will try to defend 9.82-85 when 9.90 is taken out ..First break usually doesn't hold. I then expect a push up to retest some res levels 10.25-30 and be a sell pt again (outside chance of new highs) if fails then that should be the end of it....unless Brazil turns into a drought...
Corn 3.58-61 test.. below that 3.45...I expect range bound 3.45-3.70 until we get into the heart of supplies...stks report could tip the scale to 3.38.
Edit to add..if beans break enough you may see China cancel some dec/jan del that they just bought...and rebuy at lower levels.
Edited by Palmtopper 9/23/2020 20:59
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Soybeans?
