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| Hi Pilot.
I hope things are well with you out there. Nothing has changed and I continue to hope I am wrong. That said, the probabilities of failed swings getting retested is IMHO, the most repeatable chart pattern in existence. Its more scary when you look out at the new crop contracts and see them projecting those levels as well. So while it seems in conceivable at this time that "old crop" trades to that level - what about when the "new crop" becomes the "old crop?" There are an awful lot of ominuous formations that point to a tough road ahead.
Take care | |
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Embrace reality
