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Massive Wedge on soybean chart.
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GOMSK
Posted 10/28/2023 06:43 (#10458974 - in reply to #10458942)
Subject: RE: "yes you can" really..... Okay. So your going to become a billionaire in short order because


Yes, i will agree, beans been harder to nail. Its the others i have talked about, fats, feeders, wheat, corn.

But i was long beans from 11.56 to somewhere. And pitched. Then got short at 13.80 an 14.10.

Nailing it is probably not the best term. But I believe the funds drive markets and if you know their trends, they are an assist to the charting or my thoughts.

My numbers come from CFTC. And I believe them to be more right than the ones everyone else looks at. Years of following them does that to a person. I love when someone comes on and tells me they are net short beans and it does not jive with mine. I use that as a we’ve got more to go down.

Edited by GOMSK 10/28/2023 06:52
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