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Maybe this is what's behind the soybean price.
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Fishguts2
Posted 2/24/2014 21:47 (#3714561 - in reply to #3714001)
Subject: RE sure could be


Im thinking the funds are baaack-Got nothing to back it up exept the volume sure has exploded in the May-Some of that is the normal roll from the March But it sure has that old familiar fund feel to it-We need Sat to keep us informed on the open interest stuff-What ive been sitting here thinking about is this-Say your their main ag trader-You've just asked the boss for 100 million to leverage in beans-Ya damn well better have a plan for him-It would all boil down to risk/reward-Give me the figures-Which has to mean technical chart analysis-Big boys don't fool around with the daily charts (the general public seems to be mesmerized by em tho) Too much noise-Their lookin at the weekly and monthly -Here is what I think their looking at-If they were to decide to run the beans- What do you think their target would be? ps notice the wedge formation that launched this whole deal-Shes a classic



(weekly may.png)



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Attachments weekly may.png (19KB - 46 downloads)
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