Technical Ag Knowledge: Video Analysis – January 11, 2019

January 11, 2019 by Tom Dosdall

Good morning!

Normally, this is one of the biggest “Report” days of the year for Ag markets, as we were scheduled to receive USDA’s final 2018 Crop Production summary, Quarterly Stocks, Winter Wheat Seedings, and the January WASDE. However due to the Federal Government shutdown that data is going to be delayed indefinitely.

Along those lines, I would encourage everyone out there to consider what their “next move” will be when the USDA eventually fully reopens. Remember, we will have weeks worth of export/sales data to sift through as well.

If heavily sold, I think you want to have some upside covered on the Board (call for strategies).
If heavily undersold, I’d consider booking some sales and owning calls or at least getting some short term weekly puts to get you through the release of data.
If you are short straddles, perhaps you step aside once you hear the Gov is opening and before all of that data comes in.

Corn, Soybeans, Wheat all continue to trade within the ranges we’ve been talking about. Some good trading opportunities there for those who are nimble. Longer term short straddles should be doing well too.

Contact your broker to discuss your trading or hedging plan!

This article originally appeared in the Technical Ag Knowledge Newsletter “Trading the Ranges **VIDEO Chart Analysis**” on 01/11/19.

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About Tom Dosdall

Tom has supported traders and investors worldwide across all dt execution categories. With the understanding that each client is independent of another, Tom has shown an ability to listen to the needs of each and match them with the service or product that best suits their circumstances.

If you are a self-directed trader, you can expect objective guidance on finding the right balance between price and value. That might mean anything from finding a sharp platform to help you do what you already know you want to do or providing consultation on some of the most cutting edge trading indicators on the market.

If you are more of a “hands off” investor, ask Tom about the network of professional advisors that he has come across over his years in the industry. Once he can get a feel for your risk tolerance and objectives he can help you to deploy a program.

Are you somewhere in between fully hands on and fully hands off? Consider how you can leverage Tom’s experience for your benefit in a broker-assisted relationship. Together, you will analyze the markets that you are most interested in and come up with a trading plan that you are comfortable and confident with.

In summary, his goal is twofold: to ensure that each client he works with is guided with the resources needed to trade with confidence and that they are equipped with the knowledge and comfort needed to grow as an investor in the new global economy. Tom holds a Bachelor of Arts degree from Colgate University.

Market Perspective: 80% technical 20% fundamental