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End of month Canola chart

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    End of month Canola chart

    Today's closing price could indicate more tough sledding ahead.
    Long term charts show that 461.60 may be overhead resistance going into next month.

    Comparable events:
    Dec 2013 held for 18 months
    Feb 2016-bounced back
    July 2016 held for 3 months

    "could" and "may" mean my view is worthless. Hope I'm wrong

    #2
    Originally posted by wiseguy
    Canola for sale !

    $12 a bushel fob Farm or best offer !
    Always a comedian

    Speaking of comedians, my best offer is $8.00!

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