NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Fri Aug 9, 2013 02:17 PM CDT

Last week's column looked at a variety of daily, weekly and monthly charts of the three grains, creating a technical map of what course each could take in the coming months. Now, as the Friday before another Monday report day dawns the question remains, will the path the charts lay out hold true, or will USDA's reports alter the course? Whether bold-faced or white, the road ahead can be set by what USDA tells us.

The key to chart analysis is remembering Newton's First Law of Motion applied to markets: A trending market will stay in that trend until acted ...

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