Daily US graint report: traders tentative ahead of next week's USDA update on US production

US grain futures prices were weaker in overnight trading.
calendar icon 4 October 2019
clock icon 7 minute read
Big and bullish upside price "breakout" from congestion area this week gives bulls power to suggest more upside in the near term; minor bullish pennant pattern has now formed
Big and bullish upside price "breakout" from congestion area this week gives bulls power to suggest more upside in the near term; minor bullish pennant pattern has now formed

© Jim Wyckoff

Big and bullish upside price "breakout" from congestion area this week gives bulls power to suggest more upside in the near term; minor bullish pennant pattern has now formed
Big and bullish upside price "breakout" from congestion area this week gives bulls power to suggest more upside in the near term; minor bullish pennant pattern has now formed

© Jim Wyckoff

Bulls have near-term technical advantage as price uptrend has been restarted; more upside likely in near term
Bulls have near-term technical advantage as price uptrend has been restarted; more upside likely in near term

© Jim Wyckoff

Bulls have near-term technical advantage as price uptrend has been restarted; more upside likely in near term
Bulls have near-term technical advantage as price uptrend has been restarted; more upside likely in near term

© Jim Wyckoff

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