Most of the time, the market is boring
Some of the time, it trends upwards.
Other times, it trends downward.
Too often, instead of correcting through space, it corrects through time, trending sideways.
This is when we sit back, observe and wait while the buyers and sellers fight for control of the trend.
We wait until there is interesting price action, and then we act.
This publication respects your time, preparing you for future price action only publishing when we see something interesting in the market.
Our previous analysis with the actionable ideas remains in effect during this time.
After consolidating in a narrow range since the beginning of the year, we feel Canaryseed is setting up for a move.
Our previous analysis can be found below and remains in effect:
We are currently reviewing and creating performance metrics for our analysis.
The 2021-22 Canaryseed strategy realized:
0.06 cents per pound or 14% greater than the index average price (assuming equal monthly sales throughout the crop year)
95% of the index's high price.
Enough about the past.
On to the future.
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