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Buxton ND | Well today is the most amount of time we have spent below $14.50 (have not closing under) kinda feels like we're running out of willing buyers under that level. Sell stops under that level at or near the closing basis (as well as 14.41ish today's low) could very well lead to a sharp sell off. #'s point towards long liquidation since last Wednesday,if you were one of those souls that bought over $15 a close under $14.50 makes for UN-happy margin calls.....
Bottom line if one bought beans in Jan/Feb,,,do you wanna risk those profits coming into the report ? ? ? | |
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Soybeans Setting Up For Ugly Close?
