Wednesday, April 10, 2013

T.J 4-10-13

The USDA report did make a lot of swing moves in prices. But they all settled in yesterday's ranges except wheat went lower. There were no new low made in any of grains. I would expect the market testing up, especially corn's inventory came in lower than estimate.

On the other hand, ES broke out to reach a new high of 1584 before lunch time.

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