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swkscornfarmer - Heating Oil Chart
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NoDakFarmer
Posted 11/24/2018 20:38 (#7125417 - in reply to #7125277)
Subject: RE: Thanks NoDak


SE ND
Thanks Blu. I enjoy it.

Ha, I know. In all honesty, I've thought that for years. Price often needs to build a base before it can go higher. Almost seems as though it fights the force of gravity. The highs can come from a vertical move higher after a long period of "base building". Seems the highs are quick in that context and get sucked back down again. Just the nature of markets it seems.

Corn has been one interesting market, for sure. It had better make new highs, or it'll be quite a hangover. Price action thus far suggests to me that it isn't gonna happen.

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