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Technical market calls
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Posted 8/24/2014 17:09 (#4036126 - in reply to #4036097)
Subject: RE: Technical market calls


Buxton ND
I posted this 2 days ago. IDK if Tara has chimed in yet but if forced into ZSU me me would say SELL.

ZSX I read weak to very weak once be firmly broke 10.50 on Wednesday I see a market that could not even claw its way back to 10.50 EVEN with help of commercial buying covering this morning's 2 boat loads of beans sold to China. Its made a series of lower highs and lower lows and looks to close the week for the first time under 10.50 as the MA fall like a rock. I'm still bearish beans and see a market falling as corn did last year on big planted acreage and that NOT the USDA's fault......................................

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