It was an extremely nasty business and one i will never forget.
However I always keep an eye out and follow the grains and in particular the beans and bean crush spreads as SB has trends that seem to be on steroids and can be extremely lucrative. Have we just seen the end of the recent eye watering correction? I think so and an long ( in a spread diff with another grain)
Here it is seen as a thick gently up sloping deep red line.I would buy on a retouch which would be a .382 Fib RT and it may well come back to test support at the mid 1350's
EMINI S&P.
The emini S &P seems to have pushed on and up through resisting reaction lines and i am expecting a break out up or down, maybe it will come form our old friend NFPayrolls or some other fundamental data release/ macro news. However if we fail to make higher highs at 1687 i would be worried but it looks promising for perhaps a move higher today
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