| JC STONE - 11/3/2025 14:32
What do you mean pendulum ML is 11.46 ,nearby or Jan
If wouldn't be Jan. I think it's weekly continuous but I would need to look. It's the one relevant to this swing.
I shouldn't care but I do. The risk is in getting complacent in this type of scenario is there is likely no second chance. It's one of those I will sell if it pulls back and you watch 50 cents vaporize week one , 75 week two etc and you get forced into puking it out because you need to pay the bills. Horizonal action expends energy so that is good but price has a destiny with a certain date and price. And as time passes within the horizontal action, the pressure builds between price and that date. Thus there will likely be no second chance whenever the high occurs.
Take care |
Soybean chart
