Hi Wayne,
Thanks, and a chance to say HI !!!
I can see from the chart why you picked that line in the sand.
It is old resistance back in 11/2009. became support and held Aug/Sep 2010 and now it's back.
Limitup posted some comments on the flooding and coming USDA report. Since Dec. is "new crop" the flooding may have an impact on this one ???
Maybe Limitup will see this and update his comments. He follows the USDA report etc.
I wouldn't have a clue whether the amount of flooding is significant or not !!!
Thanks, Lee