the Grain complex is getting madly crushed in the last month...
....multi years low for many... extremely oversold across the complex!
JUST A TRADE TO KEEP AN EYE ON...
I am not an expert in these ones, but the trade war has potential for more destruction,
even, there is important votes for Trump midterm in it (farmers)... any surprise can come up from the hat!
...but we also entering the new crop season.
With this crazy weather hitting across the continent,
dead cat bounces very possible,
I would trade with options, no futures yet... too dangerous still!
Wait for a divergence or a breakout to play it... nothing lined up for the moment,
just keep an eye on it
JUST A TRADE TO KEEP AN EYE ON...
I am not an expert in these ones, but the trade war has potential for more destruction,
even, there is important votes for Trump midterm in it (farmers)... any surprise can come up from the hat!
...but we also entering the new crop season.
With this crazy weather hitting across the continent,
dead cat bounces very possible,
I would trade with options, no futures yet... too dangerous still!
Wait for a divergence or a breakout to play it... nothing lined up for the moment,
just keep an eye on it
Trade closed: target reached:
...A BIG F..N CAT BOUNCE!!