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July Wheat makes new low for the week; mvg avgs bearish
First Published Friday, 10 July 2009 from Need to Know News
July Wheat sold off for the 3rd day in a row losing 1 1/4 cents on the day. This is the 3rd day this week of sub $6 closes and price remains below the 9,20 and 200 day moving averages but average volume is falling off as price deteriorates.
- Equities Close
Equities finished the day little changed with the Dow up 0.1% to 16025, the S&P unchanged at 1150 and Nasdaq flat at 2368....continued
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The Greenback opened the day in a weakened state vs EUR and GBP as profit taking set ahead of U.S....continued
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WSJ gist...picking doves weakens dollars...continued
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...several models have EDRs that do not record pre-crash data....continued
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...continued
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