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SW MN and Gold Canyon AZ | Volitility is easier to predict than direction. Having said that, I'm looking at selling some more corn and beans off the down trend line, with stops above that. I think it will be important to watch the trading at the down trend line to see if we go thru or bounce off and go lower.
I am short term bearish until we can take out the high established last week. If we go thru the highs buy stops would be triggered and the market should go higher??
I see a left shoulder forming of a head and shoulders ?That would mean the head would be higher than the old highs last week. Could take a while to establish.Time will tell. | |
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