Friday 11 March 2011

short Soybeans-Centre line failure at critical level

a re test of 1350 level ends in a failure after a sharp short covering rally but the outlook ( for me) is lower in the medium term but this market punishes greed and foolishness like no other market i know so i tread carefully. You can see the CL in the MT chart as a thick grey line in the top left hand side of the chart. The fork ( thin grey up sloping) in the MT chart is a mod Schiff.






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