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Daily US grain report: grain futures bears gaining a stronger grip on markets

US grain futures prices were steady to weaker in overnight trading; corn was near steady, soybeans down around 3 cents and wheat was 2 to 3 cents weaker.

31 July 2019

4 minute read

By: Jim Wyckoff

Drop below what was the July low of $4.20 1/2 produced serious chart damage and suggests sustained downtrend — Drop below what was the July low of $4.20 1/2 produced serious chart damage and suggests sustained downtrend
© Jim Wyckoff

Drop below what was July low of $8.90 1/2 produced serious near-term chart damage and suggests sustained price downtrend — Drop below what was July low of $8.90 1/2 produced serious near-term chart damage and suggests sustained price downtrend
© Jim Wyckoff

Jim Wyckoff

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