Hi Limitup, All
Here are corn prices as of the moment. 7.34 pm ET
n 652 vol now 741
u 624.5 vol now 1555
z 630.25 vol now 2999
OK, tomorrow is FND for N contract. I know that I couldn't trade it.
Now, as N goes to LTD and delivery wouldn't the price of at least the N and U contract tend to converge ???
Understood Limitup comment several days ago on N contract. Thought the trading volume this afternoon was pretty high on N ??? Seemed like a lot of trading to scrounge up contracts to meet commitments ???
Cn volume is down tonight compared to others,
So, maybe I misunderstood what Limitup was saying on the "Squeeze" ???
Also, Limitup suggested not going long on Cz before tomorrow's USDA report.
Yes, Cz did go higher, but has fallen back quite a bit.
Comments !! ????
Thanks, Lee