Not one that I watch on a regular basis. However a quick look at the daily shows a double bottom with RSI long grail on the close 6 days ago.
Weekly chart suggests bull flag, while monthly indicates a possible upside breakout from a long consolidation period.
The intraday charts just look like a bear flag to me. Even though this trade is going nowhere, I just need to stay short for now.
I have closed July Wheat Short at 4.780. Bad decision? Maybe--but I can always get back in on a fresh signal. The trade was going nowhere and I have gotten it as close to breakeven as I need to. My average price was 4.713, so not a blowout loss.
Purchased Dec Corn at 3.844 yesterday afternoon. Sorry for the late posting. This is a longer term play.
hi buy1sell2, do you ever make use of ecbot grain options to either hedge or provide extra income on your positions? if so, could you elaborate... enjoy your posts btw.