Re: Weekly Wheat

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Re: Weekly Wheat

In Response To: Re: Weekly Wheat ()

Hey Dewey, Got to run some errands today. Later this evening or tomorrow morning ok.

All my life, after waking up in the morning, I experience what I call a "moment of clarity". It's saved my butt both in life and trading time after time.

After reaching fib 200% on May 30th 2023, we formed a channel or a trading range. I choose to view it as a channel. This morning my moment of clarity said "boy.. could be wrong" we could be in a range, I could be wrong. The 4 hr. Chart is now at what I call "decision time"!! After moving out of the wedge I anticipated a move higher. Thus my channel annotation. Maybe it's a range-bound market.

Anyway hope everyone finds this helpful.

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