New week Monday and trade left me a bit confused. Not really catching any system patterns and I wonder if we have a system turnover. Sidelines looking good for a day or two until someone shows their hand. Wheat the feature as we set new lows on another China cancellation and proceeded to rally 25 cents with a 547 1/4 close, plus 9 1/2 on the day. Corn gained a couple to 441 3/4 and beans gave back 4 3/4 to 1179 1/4 on really choppy trade. Rice slips a nickel, 1783 and the river is still moving but the clock is ticking. June for the financials with June Dow up 41 points, 39,234 and bonds leaking 3 tics, 121.13. That is a huge price to roll longs from March to June in the Dow contract.
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