I still haven't come across any compelling justification to get long besides my technical read. Most fundamentals, crop yields, weather all appear to suggest we go further south but we are now in my buy zone
Trade ativo:
Long at 459
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added at 466
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Long at 458, 460 (average 59), 466 and looking to add another clip if we dip to 460-462 level.
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Ready... aim...
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There is 460 ! :)
Now rally ... come on !
Now rally ... come on !
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Added at 458. Might have got a bit carried away and be a bit scary long now. Takes my average to 460.5. Stopping out if we get under 454.
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Broke 485. Boom. 520 here we come
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500 :)
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Good news and bad news...
Bad news first, recoil rally has completed with rally above 518. Might be time to take some profit
Good news, rally has broken long term trend line. Plenty of upside to come.
Bad news first, recoil rally has completed with rally above 518. Might be time to take some profit
Good news, rally has broken long term trend line. Plenty of upside to come.
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Took profit at 518, 505 and 500. Still holding long Wheat ETF position for long term
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Plan is to buy in current 440's level. Look for a break of 530 and add on dip back to 485 and below.
