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good morning, thought id share a short set up
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NoDakFarmer
Posted 10/20/2015 08:14 (#4848723 - in reply to #4848702)
Subject: RE: Corn farmers better hope...


SE ND
The controlling fork that price hagopianed in corn is very much like what it looks may happen in sugar. Both project lower. Price is coiling right now and often that is the formation of a pivot. Compare what is happening in SB now to what happened to corn at the top of this summers rally. They are very similar. There are a couple bars that project the LME and that area falls very much inline with Mr. E's target. If that's the action then the reaction projects to 8 T&P and is upsloping.
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