Sell Dec Corn.

[SilverPony]

Will corn continue sell-off? it broke away
from range.
I like the setup. anyone in favor?

 

[traderTX]

why sell Dec?? FND is Friday....if you are bearish corn, wouldn't you rather be selling March? Just thoughts from a fellow ag futs trader.

 

[SilverPony]

Hi traderTx. Nice to know you trade Agri. too. I see your point but that what make it great. FND, that mean funds will be selling off. No one will want to be holding long.

 

[traderTX]

I disagree Silver....Goldman Roll took the funds out for the most part...look at the OI in that contract. Seems like it would be easier to get a move in the March, but just my opinion. Plus look at the spread. In a slight uptrend off the bottom now...I would be thinking to buy the Dec sell the March...