It’s the Mid-Week shuffle, making today all about the technical models.

Are we in an uptrend or a downtrend in Equity Indices?

Until the Yellen press conference is over it will be unknown.

I’m mildly bullish equities and bearish the U.S. treasuries.

Spu/Bond daily held a good enough level on the daily cloud for a bounce.

Gaming stocks were strong yesterday with LVS putting in an ORH day.

I would need to see sustained price action and a close above 47.05 for confirmation

of a low.

Soybeans...11.65 is daily momentum support. 11.23 is long term trend support for

this move. As long as we stay above 11.65 I don’t see much of a pullback.

Wheat…you’d like to see a close back over 4.905 its 200DMA.

Long term Bulls would have to reevaluate a long position with a close back below its 50 DMA @ 4.784 where Wheat could go into a sideways pattern.

The grains are a better place to trade.