Thursday, April 10, 2014
The topping of $cat???
FB update ABC correction in the works?
After this is completed we should see a psh down to the 51.40 area and possibly lower to the second target of 44.88. That being said I'm not a buyer at these levels.
Wednesday, April 9, 2014
2nd target for w4 June pork (deep zig zag)
Lean hogs are closing in on the next target at 115.30-115.80.…for the wave 4. I'm expecting a bounce and even a possible reverse from this level. Watching for now and if the lower targets are hit I will consider buying this market…
Tuesday, April 8, 2014
Sugar set to move higher????
Current count as of now is we are in a complex w4…
Best case scenario is we have seen wave 1 and wave 2 is finishing up with a w3 targeting 2242 if we get a full wave 3.
Monday, April 7, 2014
Corn almost finished with w1 ?
Dec corn is setting up beautifully.
Almost hitting my target of 509 1/2 from the wave 4 triangle breakout.
I'm currently long and will be looking for a spot to add to my position on the pullback that could start soon.
Best case scenario and one I would like to see is that we have a run up to around 533 n change on an extended 5th wave and then the pullback into a w2 zig zag that should target the 470-480 price range. Once we start the correction I can be more precise in drawing my targets.
Lean hogs … closing in on w4 trgts
June lean hogs are closing in on my 1st target at 11975.
Resting orders to close position at 11975.
Coffee… are we seeing the w2 starting to form
Watching for now
Crude setup… will we reverse back higher ?
Long position June from 99.66.
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