Posted 7/11/2019 11:35 (#7608712) Subject: Post report spike?
David Loberg Northeast Nebraska
Can anyone explain what causes/allows the extreme spike immediately after a report, followed by a severe reversal? The last USDA report it was up 10-13 momentarily I thought before crashing. Today I see it bounced down to 430.25, then rebounded immediately. Just curious how it happens, major funds pushing it low, then rebuying right away?