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TFC Commodity Trading Forum

Re: March Wheat/update/Harold *LINK* *PIC*
In Response To: Re: march wheat/update/Trades ()

Well don't feel bad about it. Historically Corn rallies into March/April and Wheat sellsoff in this time frame. So this Spread trade is inverse to what is 'normal'. (so far) Looking at the chart if I had a gun to my head I'd reverse this trade and get long Corn and short Wheat. The chart looks like it has reached a support level and could easily revert back to its seasonal trend. With the spread you'd only need Corn to outperform Wheat from here to win regardless of direction. Always something to consider with spreads. See seasonal link bottom left of post for Wheat and Corn. (or other commodities)