ok I have worked out the issue with the charts. The level I am referencing is 1955 cash or c. 1952 in the March future.
lol volente. Are you suggesting Dest is not telling the truth? surely that cannot be the case, he is a man of his word.
they constantly look to flatten out their inventory. they have short term book and longer term book. you question is a good one because if you know when price is likely to be pushed and what direction then you have the keys to unlock the market. I respect this is your belief but mine in the opposite and I am cool with that. I see evidence that markets are pushed artificially everyday. When I say artificially I am talking about the bigger picture of how the markets work. Was oil really worth $31 at one point today and moments later $31.33, then $31.05, then $31.40 or was their another reason why price moved. Was it really supply and demand?