It appears that the sharp sell-off in grains today is linked to next week's USDA crop report on March 31st, according to Arlan Suderman at Farm Futures magazine. No one wants to be in a vulnerable position leading up to that day. I have learned two things from this event:
- Take the signals I'm given. I must learn to trust them. Even when they seem ill-timed and illogical, there are good reasons for them. I've noticed that "ill-timed and illogical" is the rule, rather than the exception, when buy and sell signals are received.
- We must also also take into account fundamentals-related news
