Shorting grains on a rising US dollar looks like a pretty nice swing short trade. On the London Exchange there is a short grains ETF. However, US markets don't have that. You can short an ETN JJG which tracks grains.
I'm thinking that if the Federal Reserve doesn't move to defend (devalue) the US dollar, then the farming sector will be the next sector to collapse behind energy. By farming I mean grains. Grains are a major export market for the U.S.
Obviously this would have been a better trade last week but I think the chart of JJG shows more downside with a target of the October 2014 low.
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