A none event day. ES has a similar pattern as yesterday. Dropping, pushing up, like a tug war. It still closed above HVA. It's likely to test a new high again.
Today's CL inventory report had a much lower number than expected. CL pushed back to CHVN and upper trend line. It closed on a pb of $102.5 area. My add on didn't get fill nor did my hedge of put sale after the report settled. I didn't want to gamble by releasing orders before the report.
Soybean continued to make new high and it looks ready to challenge $14. I will add one more to my call sale and hedge it with put sale if we get a pull back. Corn and wheat pull back some. My wheat call sale positions are in good shape for now. I still didn't get in any corn bear calls. Let's see what tomorrow's export report will bring.
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