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Senior Advisor

Weak open on beans

Hit its head again on 10.15. 10.148 to be exact. See what she does here in the next few hours. Looking more like a short to me.
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3 Replies
Senior Advisor

Re: Weak open on beans

Looks like it's trying to make a run again and hit its head.

See how the day turns out. I'm short at 10.14 right now but will reverse that quickly if we can punch and more importantly hold. Chart wants to form a bullish hammer here but previous punches show that it needs to clear with a big hammer or bar.

We have reasons to go up and down. Which is different than the last few years.
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Senior Advisor

Re: Weak open on beans

They finally broke it. Now we see if it can hold it.
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Senior Advisor

Re: Weak open on beans

No mans land now. She ripped thru so I reversed into long and when she hit her head on last Thursday's top I closed out.

Sitting neutral and scratching my head.

I would have liked to seen a stretch above last Thursday's stretch but it didn't happen. We did however get over out 10.148 line. So maybe it's grabbing some air before it stretches again.

See what overnights bring. It's building a base to jump from that's for sure.
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