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Back to the basics: Market Structure
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dpilot83
Posted 8/6/2018 09:15 (#6913969 - in reply to #6913742)
Subject: RE: Back to the basics: Market Structure



Thanks for all of the effort there JP. I have read it several times and will do so several more times as I get time.

Interesting how you phrased it in a way that takes the voodoo connotation out of it. You basically said, "If a trend is to continue, you need lower lows and lower highs. If you're not getting those things, the trend either is changing or is trying to change"

You also said, again not in so many words, "We can have a pretty massive upward trend that is still a part of a larger bearish trend due to the size of these formations".

It's going to be tough to keep our heads screwed on straight and not be looking for $10 corn when it finally breaks the $5.20 sellers.
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