Hi Limitup,
Thanks !!!!
But, let me pester you some more ....
I still don't understand what is supporting price of front month Cn ???
Maybe you could explain "squeeze play" a bit also ....
Clearly Cz has been headed north for the last week !!!
I don't think Trades wants to "do anything" beyond clearly explain what he sees in the charts, and for that I sincerely THANK HIM !!!
If everyone would explain their views as clearly as possible, we would all learn something of value !!!
AND THEN MAKE OUR OWN DECISIONS !!!!!
Who knows, if this drought keeps up maybe we will have a spike up to 800 again !!
I think 2008 was the flooding ?? I don't have a clue what was going on in spring/summer of 2011.
- Do you remember ???
If the Corn belt really "bakes out hard" and then some serious rains come along the whole place could wind up "underwater" again !!!!
Thanks, Lee