South Central Iowa | Sat - 2/18/2017 11:48
Long term outweighs short term
This chart is what it is, charts do not have an agenda.
Nice job Blu
The down-trend you speak of was not confirmed by last summer's high. That is false. Period.
Here is the 10 year monthly chart. As you say, there is no agenda. The chart is clearly in an uptrend. To break the uptrend, we need to go under the $8.80's this month, next month. If you think that will occur, you have an incredibly poor understanding of the market. Period.
For the record, I don't consider a monthly chart very relevant and base almost nothing off of it. But here is the chart to counter some of this fear-mongering.
As I quoted you above: "Long term outweighs short term. This chart is what it is, charts do not have an agenda."
EDIT: For those wondering, that red line I call short-term is the one Sat calls long-term. I call it short because it is 4 years old while the green lines are 9 and 10 years old. It is shorter. See that gap between the line and last summer's highs? That means it didn't confirm it as Sat said it did.
Edited by Conan the Farmer 2/18/2017 13:32
(LongtermSoy.png)
Attachments ---------------- LongtermSoy.png (82KB - 88 downloads)
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