SE ND | JC STONE - 3/26/2018 19:24
Just curious on your charts down below why didn't you pick up the 2016 low pivot on beans like you did on corn?
I'm a little slow this morning. Why didn't I draw off the 16 low in beans or why didn't I see that the move was coming following the pivot?
If your asking why I missed the move, the honest answer is that I just missed it and I didn't understand the context of price like I should have at the time. Like anything in life that you work at, you learn by experience and mistakes.
As far as drawing off the 16 low, it appears to be a major pivot and a similar fork drawn to that of corn would show that price had met the ML. Since that objective has been met, it is no longer of use to me as price showed no signs of moving within that fork.
Not sure if that is what you were asking though. |