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| Noticed tonight that we are back on the action (stretch) line, from the last high. Basically, there is a balance, a point where the market will find its mean, and there is a frequency to the price action. I have been using this frequency for months, and it worked really nicely projecting the eventual turn. Price has tested or retested this frequency on the wild ride up, so I am confident the frequency is valid....We are back to same strech using the action projected from the Sept. 11 highs. Not saying its the high, but...something to be aware of is all. For those who use median lines, which is essentially a measure of energy, we should make the upper red line.... experts say 80% chance. That median line is showing good frequency as well...Interesting lines to watch this next few weeks.
 (dec corn revisited.jpg)
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 dec corn revisited.jpg (46KB - 112 downloads)
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Dec, 12 corn....we're back to the stretch
