- There is a lot going on Wednesday when we consider it is the last day of July, FOMC announcement day, first notice day for the August soybean contract, and the first day of the new positioning week for noncommercial traders.
- A number of markets are also in position to possibly complete technical reversal patterns on their respective long-term monthly charts, including the S&P 500 Index.
- In the Grains sector, national cash indexes continue to tell us available stocks-to-use are large heading into the end of another month.
