$30,000 Millionaire said:
TecRecAg said:
This is feeling less and less like "necessary pain" for the leg up, and more like we're entering a new channel of the down variety.
here's where we are on a weekly/daily.
I think we chop for a little bit maybe a week or two. I think we settle around 390 for a form reversal. We probably should see 380 first. But we don't have to.
First image is where we are. Second shows a continued draw down of the parabolic SAR. The reversal happens before we cross but when we do cross the reversal to 400 is in play.