This analysis appears in the Klarenbach Grain Report as well.
On May 15th, we notified our readers that Diesel prices were poised to increase.
Our readers were notified on June 7th that our conditions were met to anticipate a 9-21% price increase.
The June 29th email alerted readers of another opportunity to price Diesel.
July 12 announced that our first price target was reached, representing a 9% increase since our first notification.
At the time of this publication, USLD Futures are trading at 2.6830, a 13% increase since our first alert.
We will look at the Weekly and Daily charts providing analysis across multiple timeframes.
NY HARBOR USLD FUTURES WEEKLY CHART
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