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Soy old//new spreads
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c-xr-1
Posted 1/29/2015 11:58 (#4347187)
Subject: Soy old//new spreads


Houston,Tx

...meal's been up 7- 8 bucks for a couple weeks // beans up 7 c last 2 days, eclipsing M-Tu highs when Mar flat price was 985^4... = bullish diverge...

...meal leads beans...

...have not seen this magnitude bean spread rally since begin of Jan.....urgency {support} coming in.....

...just sayin' - lift or lighten shorts {hedges} -- 4th day they try to sell her down with little conviction...


Edited by c-xr-1 1/29/2015 11:58
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