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Re: amarksp post# 17732

Tuesday, 02/06/2007 10:56:31 PM

Tuesday, February 06, 2007 10:56:31 PM

Post# of 19037
to my eyes corn still bullish ~ just pulling back to test TR highs~ based on how price goes into that area we will know what to expect ~ in an uptrend ~ higher makes sense to me...

sugar seems like a bottomless bit ~ just keeps falling

beans ~ not a good bar today ...
lack of follow thru yesterday after a breakout bar
yesterday was a more narrow range bar than break out bar
and after going higher could not hold the high closing midrange
today higher could not hold highs closing below yesterday close ~ lack of follow thru ~ and near the lows of the day ~ near the pink
reverse trend line ~ implies a reversal to the breakout level before higher to my eyes...

wheat fell out of an apex it seems ~ i put more weight on horizontal lines than diagonal ones ~ looks to test the 44750 ~ watch for the strength of the reaction for a clue ~ would be what I would do ... cheap free you get what you pay for ...

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