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Grain Market Analysis – 08/23/10

posted by Avatar topequitynews 642 days ago in Technical, Daily, Agriculture made popular 642 days ago

NOVEMBER SOYBEANS

November soybeans on Friday closed lower, nearer the session low and hit a
fresh three-week low. Prices also scored a bearish weekly low close and have seen a bearish “downside breakout” from a recent sideways trading range at higher levels on the daily chart. The bulls have faded badly recently and need to show fresh power
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