Indices are holding up well. ES has been in small ranges in the last four days. It looks like a compression ready to pop on way or another. The pattern of new highs and sell offs may not repeat itself this time. Market may try to show its hand before the labor day long weekend.
Grains are in a holding mode too. All of the three majors tried to retest yesterday's lows and held. There are no major news or catalyst affecting the market but the bearish trend is still in tack.
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