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| Going to pass! Beyond that I'm puzzled of the hesitancy on this site for anyone to make a call based on median lines if the system was so infallible. I made a couple bad calls last summer and got ripped. That's fine I can take it. If I couldn't I would keep my trades to myself.
With my limited knowledge of median lines the current setup in beans is a textbook example of a beautiful chart pattern. You have your pivot ,the high , the low to draw from. I can draw it in my head , tried to draw it on my phone , however ran out of screen. Gotta bunch of snow to move today , if I have time, going to grab a laptop and see if I can draw and post it so we can at least talk about it.
Ran across an interesting study last night wished I would have saved it. Done by I think the guys name was Fisher showing the validity if the 80% rule in the grains. Suprisingly accurate if you get the pivot right. So there is some value here I think. I just don't think everything else including fundamentals needs to be discounted in favor of it
Edited by JC STONE 1/20/2019 12:06
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Market Geometry
