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TFC Commodity Trading Forum

real time example 2

The following is a message posted on Aug 17, 2009 when beans had rallied back up for another chance to sell. Notice the time given to also watch Corn - Sept 8th thru 11th. The ultimate low in corn was Sept. 8th and that price STILL HAS NOT BEEN BROKEN. Corn rallied $5 off that low without violating it.

Posted By: roger 
Date: Monday, 17 August 2009, at 2:58 p.m.
In Response To: beans making top (roger)
Cycles working well... 
The next time frame to expect a big turn (in corn also) is september 8th thru the 11th. The very end of September is also a time to expect a change in direction (will probably be a secondary low where market challenges low without violating.