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Buxton ND | 1891, I posted this 2 days ago, the chart reads the same numbers today as 2 days. Just reads bearish now because of the factors mentioned above. JP brings up 3.18, I bought up 3.18 every techy trader out there knows about 3.18 its not a big secret.
"100 day MA is 3.734
100 day will continue to fall for 6 days or until ZCK trades above 3.75
Year high 3.782
December high 3.876
Then there's that magical target of $4.00
Last summer crash and burn gap after the rain rally is $?.?? Lets call that a lurkers gap ! ! !
These numbers are all based off ZCK, adjust to the carry in the market to N or Z this will make you follow the carry :o)
Depending on YOUR numbers on YOUR farm probably time to stop dragging your feet and start thinking target orders.
Report does not leave much time to think"
BTW, XR did I talk to you last fall ? | |
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$3.48 or so on the continuous is an interesting area in corn
