SE IL | Sat - 5/23/2016 21:50
This has been the planting carrot rally, NOT a IF we get a drought rally.
ZSX made a new low for the move today and making another tonight,, lower highs/lower lows reads bear.
Its lost the momentum,,,,, that bullish flag has went limp,,,, and spec longs slowly but surely slip out the back door,,, the number FACTS back this statement.
REALLY hard to get this big bull run market with money leaving guy and gals.
NAT's mega I'm sure are still bullish just cutting margin money check.
One the their broker.
One to the wife on the beans still in the bin.
And they can send me the money on "in the field margin calls"
$10 first step in ZSX
9.75
Then 9.50
These are all retracment levels of the big carrot rally.
If you've bite that carrot planting more beans,,, sure hope to got some of dem dern Norsky "Target Order" filled.
And what if you're stuck spinning your wheels (with the planter behind you)? And another week of rain staring you in the face? Just askin. |