JJG…Follow Up

I pulled the trigger on a 5% position going into the CBOT ( CME) pit grain closes.
We’ll use 46.95 for a fill price for book keeping
Both the Wheat and Corn put in ORH days so it was time to start a position.
I only put half on because I’d like to have some ammo to buy a wiggle down or more over 47.20 JJG.

I particularly liked the JJG rebound back over it’s 200 day, coupled with the bottoming patterns for Wheat & Corn

140606_132812_CQG_Integrated_Client_Chart_S_JJG_-_iPath_DJ-UBS_Grains_Subindex_TR_ETN_Daily

140606_132825_CQG_Integrated_Client_Chart_ZWA_-_Wheat_(Globex)_Daily_Continuation

140606_132838_CQG_Integrated_Client_Chart_ZCE_-_Corn_(Globex)_Daily_Continuation

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