Alert 3/6/14


Action: Place a Buy to Close stop order at 642 in our short Wheat contract (WK14). Our target was 633 and the contract traded down to 636 in the overnight session but is bouncing as we near the pit session. We want to remove the risk and lock in a small +1 point gain if the contract trades to 642.

This will likely be a sit on hands day as we wait for the Non-farm payroll report tomorrow.