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Bean Bull still alive?
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Fishguts2
Posted 5/4/2014 21:43 (#3854108)
Subject: Bean Bull still alive?


We had Armegedon in the beans ONE day last week-Lots of guys on here threw in the towel on the beans-Just sayin here-Wheres the follow thru on that day? Up Fri-Up tonight-Just thinking tonight that it was just a healthy correction? If you buy the fact that Meal leads the beans-Check out the chart below (weekly July meal) This baby has been on a bull run for a year now-Don't look like a topped out market to me-Note the series of higher highs and higher lows-Even last week-Summer meal has a habit of going into blow off when beans are tight-I think we qualify for this-Note the rising angles of ascent in its structure-Sure looks like a setup for the blow off too me-Don't think it will just quietly die off-Sometimes it pays to take a step back and look at the bigger picture-Takes a lot of the emotion of the daleys out of it-That's about it

Edited by Fishguts2 5/4/2014 21:49




(weekly summer meal.jpg)



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Attachments weekly summer meal.jpg (62KB - 712 downloads)
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