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South Central Iowa | Beans are lame. This breakout is as weak as the 10 day rally. I thought we could see $9.29-32 today when we got under $9.42... Nope; weak sauce!
If it is a flag, I would measure it to $8.78... I think that is unlikely to confirm. The excess energy will be added to the pivot. If it's $9.07, it would return us to $9.36 or so.
I think we attract too much buying interest on the way to $9.00 to actually reach it. | |
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Beans outa gas
