Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: covfefe...the commodity...the long look *PIC*

red arrow was when I posted the original. All the machinations afterwards would have probably removed the average trader from the long position...over the longer term though...up was the proper position. Notice the low from the red arrow mostly held. If one had been paying attention to the chart, that might have been a clue as to more uppage.

As it is Price has reached the quarter point in the giant range of 315 and 45 and also is bumping up against that long term 1x10 line from the 2001 low.

Might be interesting to see what happens here. Does it stop at the line or does it pop the line and continue up?