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LongKC, where are you?
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Conan the Farmer
Posted 10/15/2018 14:11 (#7048436 - in reply to #7048369)
Subject: RE: LongKC, where are you?



South Central Iowa
Continuous held the low on retest of July 16 low on Sept 18. I think the seasonal low is in as well. Look for it to break $9.04-$9.12 zone on the front month before it is capable of breaking that low again. Still believe the $10.80 area should be broken in order to take out $8.10, but I'll let it prove that to me. Will be seller of current year physical in the mid to upper $9's, if I get to combine it. Perhaps that is waiting too long, but I also think we have to have some dignity, lol.

Could be the start of the winter/South America seasonal rally.
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