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Gasoline at $7.00 a gallon?
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Mar 7, 2021 21:43:22   #
America 1 Loc: South Miami
 
permafrost wrote:
without an explanation, I do not know what you are trying to show me with the bar charts..


If you place the pointer over the chart at different points it will show where the market was trading date and amount.
A chart showing an uptrend will go up from left to right higher.
For instance on the soybean chart move the pointer to the left until it reaches 11/02/2020, on that date soybeans close at 1042-6. the 6 represents 3/4 of one cent or $37.50 increase in value based on a 5000-bushel futures contract.
1042-6 on 11/02/2020 and 1457-2 today is an increase of $20,725.00 per futures contract.
1042-6 is $10.4275.
Each $1.00 increase amounts to $5000.00
Today's soybean chart
Through January China has been the destination for 1.223 bbu, or a whopping 67% of all soybean exports marketing YTD!

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