Soymeal futures

[farr_alex]

Question: Why soymeal futures started so good today, and gave some gains close to the end of the day? (Will not take for an answer: profit taking; it is not true).
Where is the true support for the December and for July soymeal futures?
Does anyone see a real trend?
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[mheitkoe]

Hi,

why don't you try to trade a SM Spread? I am currently trading the SMQ4-SMZ4. Very nice trend. And in addition: This Spread has a reduced Margin requirement (just $420) 😛

Just an idea 😉
Mike

 

[farr_alex]

I had Jul/Dec. spread at the beginning of the month. Didn't work much for me. So I left only long positions.
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