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Fundamentals vs technical
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Faithfarm
Posted 10/7/2014 23:47 (#4114821 - in reply to #4114806)
Subject: RE: Fundamentals vs technical


Eastern South Dakota
Fundamentals of a delayed harvest to move the market seems like a temporary reprieve in the downward technical trend. There maybe other fundamental reasons for a rally or lower market who really knows? All I know is that it sucks to be right the fundamentals and wrong the market! I would rather be wrong the fundamentals and right the market. There is a reason soybeans rallied but to stop the rally at the gap on the chart today at around 9.57 had nothing to do with a fundamental and everything to do with a technical spot on the chart. Will it hold? who knows, but it did today.
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