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November Soybeans Chart - Bullish or Bearish?
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pr trading
Posted 8/15/2013 23:52 (#3270409 - in reply to #3269829)
Subject: Re: Ok you technical guys?


I wish I knew where this soybean market was going to go. The potential exists for a big move up, or down.

Any time the market rallies, look to sell some grain. ZSX3 have rallied 9% from the lows set last week. This is a good time to sell some grain. 

I don't know if you are working a percentage plan, but selling at least a small percent this week seems like a good idea.

You could also sell some of your crop and buy some cheap calls just in case of a big rally this fall.

Good Luck!       

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