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NW central North Dakota | I am learning some marketing and trying to do different things to make money....like everyone. My observation, right or wrong, is that we are still trading in an upward trend. However, we are within roughly ten cents within the lower edge of the trend. My thoughts are to buy May Minneapolis if it comes down a little more and see if I can gain some on bushels that I have sold. Is it a mistake to try and cover bushels in the bin also? Is my perception not correct? Two consecutive closes beyond trend lines constitutes breaking trend? And is there a double top that has recently showed up in that chart?
Again, I am kinda new to this and just trying to keep in the game. I have only tried hedge to arrives and put options for protection so far(beans last year and I am a little saddle sore yet)
Thank you for any help and/or insight. | |
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HRSW party, Sat, others?
