Our first full week of the year puts the US Dollar Index on our radar as the most speculatively overpopulated market. Our piece for TraderPlanet took a look at this even as the Index itself continues to rally.
This morning we look at a classic example of the commercial trader category putting their knowledge to work. In a classic case of, “chicken vs. the egg,” do the commercial traders drive the seasonal tendencies or, do the seasonal tendencies drive the commercial traders?
The March oat futures contract is typically, the first of the bullish U.S. grain markets as you can see in the seasonal analysis provided by Moore Research.