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Buxton ND | This is what's changed.I made a comment awhile back that,that drop in the stock market is JUST what we needed...
"Hedge funds are pouring into all commodities excluding copper and zinc, yet no one watches-"
I wouldn't quite called it pouring money in commodities.
Beans slow steady buying by spec fund the longest they have been since October 2012
Corn funds went net even first week in February.
Wheat their still short (should be long in Friday's report is my guess or close to even)but at least they've cover many of their short.
Back to beans looking at money flow only,its ripe pull a pull back,,,plus we have a very steep uptrend line and funds holding a very large percentage of longs in open interest after a $1.40 run in ZSK re-read the Oct. 2012 comment. | |
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as we start losing bears
