The “Power of the Pattern” isn’t always correct, yet when it is, the impact can be huge! Sometimes record breaking! The chart below reflected very bearish multi-year patterns had formed in the Corn and Wheat complex back on June 16th. (see post here) CLICK ON CHART TO ENLARGE Yesterday Corn suffered is single biggest decline [...]
CLICK ON CHART TO ENLARGE The “Power of the Pattern” suggested a two-thirds odds that Grain prices would decline in the chart above….dated June 16th. Anyone notice that the July Corn contract is down over 10% today and the July Wheat futures are down over 8%. The quiz of June 16th was titled “wow what [...]
Below is a 6-pack reflecting a broad array of investments. Each one has broken key support lines and below the 150-SMA lines. Is this breakdown really about “Greece or Growth (Lack of)?” CLICK ON CHART TO ENLARGE I am NOT INTO LABELS…. yet I was concerned that “DEFLATION/FALLING PRICES” was in store, across the board [...]
Below is the quiz from Monday of this week (see quiz post here) For those that emailed me/ask for the answer and took the positions that the “Power of the Pattern” was suggesting, might be pleased this morning, since the quiz was suggesting to short the product below and it is off almost 3% early this morning. CLICK ON CHART [...]
Last week’s quiz headline read…”Wow, what an opportunity!” The quiz was suggesting a decent opportunity was at hand, due to the “Power of the Pattern”(see quiz post/chart here) Below was the answer to the quiz, suggesting at least a two-thirds chance was at play that key grains would fall in price. CLICK ON CHART TO [...]
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