This thing must show us it is strong.

There is price and time resistance the entire month, so far holding the market down. If the market can push through, it should lead to a strong multi-month rally and the satisfaction of upside targets >2.00.

sometimes going to the sidelines has merit. buying the breakout again and adding on strength as it moves up. watch the gbp.eur pair for more clues. One must learn how to play all of the instruments in the band, not just the tuba, etc.

the options, once again, are telegraphing the future cash moves. the options are sold or bought first, and then the folks do their cash business. One must become exceptional to win at this game. Never in my dreams did I think how really good you have to be to take money from this system. And then, of course, there is the money management problem most traders have to conquer. greed.

Really like the wheat. looks strong but price is really lagging the internals. maybe leave the gbp and trade some grain for a ketchup trade...haha.. soy maybe, too. silver, too, unless it breaks down. wheat first.

icd