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    Daily US grain report: futures a bit weaker at mid-week, on normal chart consolidation

    US grain futures prices were near steady but mostly slightly lower overnight, on some normal chart consolidation from recent gains. Corn was down around 1 cent, soybeans off around 2 cents and wheat up about 1/2 cent.
    calendar icon 23 October 2019
    clock icon 7 minute read
    By: Jim Wyckoff
    North America
    Bulls have near-term technical advantage as price uptrend in place; recent pause is not bearish
    Bulls have near-term technical advantage as price uptrend in place; recent pause is not bearish

    © Jim Wyckoff

    Bulls have near-term technical advantage as price uptrend in place; recent pause is not bearish
    Bulls have near-term technical advantage as price uptrend in place; recent pause is not bearish

    © Jim Wyckoff

    Price uptrend still in place but just barely; bulls have the slight chart advantage, but they need to show power this week to keep their edge
    Price uptrend still in place but just barely; bulls have the slight chart advantage, but they need to show power this week to keep their edge

    © Jim Wyckoff

    Price uptrend still in place but just barely; bulls have the slight chart advantage, but they need to show power this week to keep their edge
    Price uptrend still in place but just barely; bulls have the slight chart advantage, but they need to show power this week to keep their edge

    © Jim Wyckoff

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    Jim Wyckoff

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