Hi Wayne,
I guess today (Tues) is a good example of what I was mentioning.
Looks like Corn went "limit up" at a new 40 cent limit (I would have to check, used to be 30 cents). But all three made nice runs up over a couple of hours that would have been very easy to follow if paying attention.
Looks like Beans and Wheat are pretty close to their daily limits, but both made the nice smooth run up as for corn. This to me is unusual as the sudden step up did not occur at the 9.30 ct re-open.
Only Corn had some upward movement just at the close at 7.15 am ct possibly offering a clue as to what might come on the re-open, but I wouldn't have hung my hat on it but would have watched for the 9.30 ct behavior.
No clue as to what was going on other than Dx starting to fall off fairly sharply around 9 am ct. Possibly that is what moved the Grains ???
No clue on what is to come !!! Could go "limit down" next ?? Maybe worth trying to follow them relative to Dx and see what happens.
Any thoughts ????
Lee
