Shockingly we got the same candle today as yesterday. Its almost perfectly the same:
Yesterday:
Open 33.01
High 33.46
Low 32.80
Close 33.03
Today:
Open 33.03
High 33.45
Low 32.81
Close 33.00
It's so close it probably doesn't matter but today's High was 1 tick lower and today's Close was 3 ticks lower. The Low was 1 tick higher, but the Close is the most important. Like I said it probably doesn't increase our odds any, but it's certainly nice to see.
It's good our Stop wasn't hit today but 2 Doji's mean twice the indecision. I'd say it's because of tomorrow's big Grain Report at 12:00pm ET, but all the other grain futures, Corn, Bean Meal, Beans, and Wheat all made rather rangey moves, although no change in trend was demonstrated.
It doesn't make any sense to exit now. I suspect there won't be much price move between tonight and the report. So, being that our Stop is nearby, we might as well stand by and see what the reaction is to the report tomorrow.
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