Reflation Trade Idea: Long Soybeans
The grains continue to move but not all have been trading in a high quality uptrend and giving us a chance to buy the dip.
The grains continue to move but not all have been trading in a high quality uptrend and giving us a chance to buy the dip.
Trading pullbacks and rotations can feel like a game of cat and mouse, but it doesn’t have to if we can measure trends and sectors.
In this video we will take a look at all core parts of the market from the indices to sectors, currencies, commodities, bonds, and international markets. Let’s dive in.
The market is a bit extended in the near term, however, most sectors and core parts of the market have sound structure. A pullback would offer opportunity in these names, let’s review.
Sometimes the futures market can be too expensive, options too illiquid, or simply too scary, for traders to take overnight positions. No worries, we have ETF alternative in many cases you can consider.
Options expiration would be a three-day weekend if I had my way. I don’t trade as it is a Caution Day, but as the dust settles there may be some setups for Monday relating to bonds.
SQ is a royal setup and we are too far away from the original setup zone, but in this video, I give you new zones of risk. Remember, no trigger no trade.