Heating Oil the big story still on the move looking for a target of 1.65/60. A Probable pullback in energies if crude oil can’t break 50 below. Began to see the energies expand there spreads but only to contract at the close on Friday. The Natty gas hedge not helping as of yet. Still looking for a favorable corn exit
Today put on a Corn – Wheat trade with a forecast exit towards the end of the year. Looking for a position in Oats for a potential target of 260 – 280.
Current Position Trades