No doubt things are fluid.. However the Dollar Index traded near the lows of the calendar year today.. after sustaining a major uptrend which started about a year ago.. Meanwhile Corn is currently up $.04 and the wheaties are up $.06.. Is this a buying opportunity?
( http://www.barchart.com/chart.php?sym=$DXY&t=BAR&size=M&v=0&g=1&p=D&d=X&qb=1&style=technical&template= )
I've pulled my wheat hedges.. and bought some calls to lock in my corn hedge gains.. I may look at beanies tomorrow.. as well as locking in energy needs.
Edited by JonSCKs 8/24/2015 22:07
|