Markets wait for yield information later this month. August 17, 2022
A little stabilization was noted as December filled the intra-day chart gap at 607 1/4 and recovered. To get back down to the next downside gap it would take higher yields. On the other hand, even with light concern for August weather and with outside market concerns the trade is not confident on upside price tests. Allendale's survey results will be out on the 31st.
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