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Soybean chart
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NEIAAG
Posted 1/6/2026 13:05 (#11499338 - in reply to #11499328)
Subject: RE: Soybean chart


JC STONE - 1/6/2026 12:55

Well I guess show me how I should have drawn it.


No. I asked you a question. I am trying to understand why you did what you did so I can maybe help you. But to do that, I need to understand your logic - that's why I asked - not because I was trying to be a jerk.

You can use those but it creates a bad habit of drawing a C pivot on every bump. If you begin to think about what is relevant to what, you will slow down and think about whether the bump if the C is relevant to the swing or just another bump.

In the case of the weekly A. There are only two options in my mind. The C is in new lows - OR- its a width C down the road a while. There isn't anything what would support that A being relevant to the BC you drew originally.
In the case of the daily A, where is that pivot on the weekly? Does that pivot make sense to be the A of that BC? IMHO - no. Either the C is lower - or wider, but not there.
The only A that could be relevant to the BC you drew is the last low. Anything to the left of there is still in play...IMHO.

Take care

Edited by NEIAAG 1/6/2026 13:05
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