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Corn bulls want another dot on the daily chart

Agriculture.com Staff 01/16/2007 @ 8:43am

Rarely in futures trading do markets lock the daily persmissible trading limits. And it's even rarer that markets lock the daily limit for two sessions in a row. Even the most bullish of corn market bulls would be surprised to see nearby futures lock up the trading limit for three sessions in a row, meaning a locked-limit trade Tuesday and Wednesday, following Friday's lock-limit move.

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Rarely in futures trading do markets lock the daily persmissible trading limits. And it's even rarer that markets lock the daily limit for two sessions in a row. Even the most bullish of corn market bulls would be surprised to see nearby futures lock up the trading limit for three sessions in a row, meaning a locked-limit trade Tuesday and Wednesday, following Friday's lock-limit move.

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