Hi Trades,
Thanks !!
I can see and understand what you are saying.
I had mixed feelings this morning and bailed out at 755.625.
So, threw away 10 points, made a little and certainly didn't lose anything !!!!
Sounds like you would include that 2008 high in the equation as a level to be reckoned with.
I agree with your thought on not rushing into a short, better to wait this one out a bit.
I do like shorting off the "upper altitudes" if it turns down. A lot less risky.
Right now, I think Dx is a BIG part of the grain equation.
- And not to forget Crude, with that goof ball still pitching tents in Libya !!!
Thanks, Lee