| Hi JC,
Both corn and beans have a temp high on the weekly chart. That means there will be at least three bars of a pause or a downturn on the weekly chart. If the first pivot line is broken I would be looking for the second pivot line to hold, an additional or initial long could be placed at that line...you would protect that line with your stop. Targets remain the same...looking for that hit on the 25% line and possible breakout of that line.
The quarterly and monthly charts are still pushing higher.
I am constantly looking for reversals of any kind at any stage of the market move.
Spike
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