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Frytown, Iowa | So i missed the post below on the jan report coming up on the 11th and wanted to bring up the same post from last year...
Here it is
http://talk.newagtalk.com/forums/thread-view.asp?tid=275423&posts=1...
Thought i would post some charts that you all have access to but i find interesting...
All of these charts have found good support before this report and would have to take a bullish stance to this report...
It is easy to say i believe the bear has gone too far and any report that is neutral will send markets back up to balance the sell off that has formed...
Have people forgot that we had an epic drought across the whole midwest? If you want to know where prices should be in this market they are somewhere between the hype of the beginning and the harvest lows that have been forming lately...
That being said don't be surprised when we trade higher shortly...
Remember that this was a year for commodities to find support and the drought hid that fact for many... the inflation pressures along with weather scares this year could easily lead to higher prices...
Its always the darkest before the dawn... and we just had a post about how bearish this board is...
Limit up jan 11th. My humble unedjumakated opinion only...
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 Screenshot_2013-01-01-10-26-37.png (73KB - 64 downloads)
Screenshot_2013-01-01-10-28-04.png (65KB - 59 downloads)
Screenshot_2013-01-01-10-30-42.png (89KB - 56 downloads)
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jan report coming up...
