Indices had a head fake after taking out overnight highs in the first hour. The selling was measured and made a new low of 1900 before closing. I had two entries at noon after the double bottom bounce. They are appear to be too early. The sell off may not be over yet. There are geo-political uncertainties in Russia/Ukraine, Middle East. ES Fib 50% RT is at 1888-ish. I will take stop for my S5 1880 put by Monday if no turnaround by then.
No major changes in grains. It appears in holding mode for next Tuesday's USDA Report. I had a rollover in 570 wheat from this month to 550 next month.
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