When the calendar turns to March, gardeners get itchy to plant things. Experience teaches that it's often a good idea to hold off.
The above chart shows that corn traders who were willing to wait until late April 2023 stood a much better chance of profit, both on the long and short sides, than those who jumped in during March. The weather markets of late Spring and early Summer were especially rewarding in both directions.
If the present uptrend pushes May corn above 440, we'll be ready to buy. We won't be surprised if that doesn't happen in March. Until then, we plan to watch and wait.
The above chart shows that corn traders who were willing to wait until late April 2023 stood a much better chance of profit, both on the long and short sides, than those who jumped in during March. The weather markets of late Spring and early Summer were especially rewarding in both directions.
If the present uptrend pushes May corn above 440, we'll be ready to buy. We won't be surprised if that doesn't happen in March. Until then, we plan to watch and wait.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。