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Advisor

Now the bean charts look

Like crap. Get your head into the airplane position.
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7 Replies
Senior Contributor

Re: Now the bean charts look

Falling tides sink all ships.

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Advisor

Re: Now the bean charts look

Right now they are sitting on top of the bottom of a tightening wedge.  If it breaks 8.57 it will try for 7;60.  It better find support here.

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Senior Contributor

Re: Now the bean charts look

I don't trade beans but I'll be watching them, hoping that you are right.

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Honored Advisor

Re: Now the bean charts look

Reminder of the hog market 1993-4  ??

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Veteran Advisor

Re: Now the bean charts look

SW  -  Marching   down  the  '''  Integrated    Road   Band   Wagon ======= '''''' -  now ,   are  we  in  the  grain side  -  maybe  ? 

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Advisor

Re: Now the bean charts look

The wedge sticks true to its name. Within two days we where back to the top of the wedge. Of course the top is declining. It sure acts like a scalpers dream.
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Frequent Contributor

Re: Now the bean charts look

It almost looks like it is ready to break out of the top of the wedge.

Good thing your advice is free.

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