Hi Trades,
Not nitpicking Al's 3/18 vs. today's price action 3/17 I would say that today's events in Corn/Major Grains was pretty substantial.
Completely avoiding use of Major here. I guess the REAL test is close at hand. Whether Corn continues on up or falls off and continues on down.
I guess many would say today's Corn trading was just a "corrective bounce" ??? Randolf put forth that suggestion in his chart post yesterday.
I also notice (as of NOW, 2.42 CT) my CK11 data is now showing:
Last trade 646.5
bid and ask 656
bid size 151
ask size 133
So, maybe this is an indication that the market may come off "limit up" at tonight's open and continue higher with current bids at 656 ??
Thanks, Lee