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Fuel price speculation - revived
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jpartner
Posted 10/30/2014 06:51 (#4151681 - in reply to #4151408)
Subject: RE: Fuel price specualtion - revived


Yes CX. I think you are correct. I don't believe in island any things in the traditional sense. But considering the context it is pretty interesting. Gap down, trade sideways where sellers fail to be able to sell it successfully, then gap up. To me if this was just a correction, sellers will need to crush it into new lows. The current rallies in wheat and beans started in similar fashion....just something to watch.
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