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Buxton ND | I read corn's strength as buy corn/sell beans spreads,,,this could last for awhile for reasons I've been harping on.
After a very active night and morning trade grains have gone dead, the calm before the storm, no clue which direction the storm will track. IDK who even cares about the storm,,, I'd say all eyes are watching China and the DOW.
Beans gave it the old collage try to fill last nights gap from 8.872 to 8.886 the high an hour ago was 8.87 We also have a gap in the DOW from Sunday's open. This major flush we saw this morning, I expect this to be followed by news that someone was "forced in liquidation" This could here or anywhere in any direction across the ponds.
NO CLUE how we're gonna close the day, I'm just sitting tight and doing NOTHING.
EDIT:
About the time I pushed submit the direction changed to weak/lower in beanies. As the DOW goes everything goes for a few days here.
Edited by Sat 8/24/2015 12:36
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Corn still looks bullish, beans look
