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Buxton ND | Wheat @-58k,,,record shortish most of December from -58 to -62k its a pretty good bet to say their covering shorts the last few days. They HAVE BEEN net short for 14 months in ZW........See how these guys like long term trends even with the nasty WW conditions last year................
Corn it feels like their slowly covering shorts,if we can just start trading above 4.50 and start hitting the deeper pockets stop in that area will make for a roll and rock day higher. It could last for a longer rally or hit 4.50 and by stopped dead in its tracks. Flip a coin time ! ! ! ! ! Don't be surprised if we have a day we close RIGHT ON 4.50............................... | |
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So how much more short covering to go?
