|
South Central Iowa | $9.83'6 was the March contract low in November, same time January hit $9.75'2.
Another point, for what it's worth. There is a volume point around $9.91. It is that area, plus minus a penny. An auction theory guy that my broker subscribes to has had that area as a major point of volume concentration since August. Some others he has had were $10.18, $9.73, $9.37. I have found the guy to be pretty good at calling numbers. And these numbers are ones he gives before we hit them. But Auction Theory is essentially a price acceptable before will be an acceptable price later. He looks for volume accumulation around points, and I think it as good as anything I have heard thus far for finding turning points.
But like you say André, the day is where the game begins. A slow and uneventful night trade so far.
Edited by Conan the Farmer 1/8/2017 20:48
| |
|
Beans may struggle to hold the 9.93
