every day is a good day to trade strategic breakouts, too. just depends on which part of the tape one is working from
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I think so. Damn it, I should have shorted at .30 Or on the rebound at .10 I see many places for buyers to step in, though, I don't see a clear-cut point for stop-losses today. I see buyers from 80.60 all the way to 79.80 in small steps. Then nothing till 79.00.
I agree pic, buying on the way down today. No way we take out weeks low. If we do that will be a huge buy. edit, also looking to get long beans around 12 and under.
if you forget about the fundamentals, a guess would be 75% of the time on a trickle up move , it would test the cleavage, come back to the lower nip, test the cleavage again and go to the upper nip