Posted 6/10/2021 21:23 (#9052422 - in reply to #9052220) Subject: RE: Something is amiss...
The trade did not raise limits , for them not to be used. If memory is a reminder , seems like every time these type rally’s occur , they end with a limit move up and reverse the same day . Market has done a good job the last two weeks shaking the tightly held corn and beans . They have crashed the basis at a lot of locations , lots and lots of corn and beans on dp contracts, with basis open . Seems like elevators are moving quicker to the cheaper deferd months , this year.
What’s your thoughts on the DOW ? Suggestions on how to play it ? Appreciate any ideas.