8-11-19

Here it come USDA report on the 12th.

MHO bulls need this report to be right. Hard to figure planted acres when the USDA could count planted corn acres used for PP. Just cuz its planted. SO watch the harvested acres number. Market needs to close higher off the numbers. Be nice for a retest of Friday highs. My target number is still 431 (4 week avg).

Now on the other hand bull could add fuel to the fire IF market action is not in the positive mode. Just more liquidation possible.

Time will tell and we need to react to the market action. Money management folks.

Be Safe