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| Question for chart guys.
Many times I see charts with multiple lines and hear many terms that I just don't understand well enough. Guys call a low, then something happens and another low, so on and so on.
One thing I have heard lately by many different marketing advisors is that the Funds are at record levels for being short.
My question, with the Funds so heavily pushing this market down, what are some HARD lines of resistance that you guys feel comfortable that won't be broke?
Another way to phrase it, what is the lowest price that you are 95% confident the market won't sell below?
Corn and Beans
My opinion is corn has to be close, but beans I could see losing another $1 if they want to push it. Those are just my gut feelings.
Thanks
Edited by Beers on ME 2/27/2024 08:33
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Keep it SIMPLE STUPID Chart guys
