|
Central Missouri | Has crossed lower with the recent lows on beans being taken out. The meal has been the major prive supporter in the bean complex it seems. Dec Meal has touched 338 several times. If it breaks it, it will be interesting to see if first oil meal spreading occurs in the buy oil sell meal category and second if it accelerates the down move in beans.
Just looked at the dec meal macd, if dec meal gets below 338 the meal macd will cross lower and probably accelerate the drop in bean prices. Fwiw
Edited by ehoff 8/26/2014 05:06
| |
|
Bean macd
