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LongKC: Soybean Market post from below.
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NoDakFarmer
Posted 12/17/2014 17:28 (#4247105 - in reply to #4246821)
Subject: RE: LongKC: Soybean Market post from below.


SE ND
Here are a few charts that I quickly whipped together.



This is the controlling swing. Price failed to reach the ML of this swing and is now bouncing around the LML.



I'm still watching this, but if it indeed breaks the fork and becomes a hagopian then the reaction line is where it should run out of energy.



This is the pendulum that I mentioned. It also has failed to reach the ML. If it leaves the PF then this is where it should run to.

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