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NCND | Fish man been thinking about that balance myself comparing last year rally to this one. Hrsw talked 1.75 last spring. We are only a buck into this rally from fall lows give or take however we are right at the spot where last springs rally started and where it held a bit on way down. This looks to be the battleground?
Draw a line straight across on this chart and you see the v bottom from last January to the little support earlier this year.
Don't know what it all means. I'm still rolling with chi town lead this wheat rally now maybe it does first given it has reached symmetrical before spring wheat has? Chi Is prices above spring at ports now. I have a feeling we will have an interesting day. Anything to watch for on close?
Thanks
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local HRSW bid lost another .15 today
