Psychology is in play as CEO’s of pillpushing companies like Merck speak out but how to your believe the enabler’s? That is what market is sorting out this morning. This is just heating up and is not going to subside. How we trade it is up to you, the trader.
Beans
Let see, coming from Chicago and the soybean pit, “Go Bears Go in beans”.
PSYCHOLOGICAL WATER-BOARD
OF TRADE.
Rain hit n w Iowa a few times. It’s over. These moves happen fast, like 11 days straight up. We can easily go spike down in the most complicated algorithm laced pattern that may evolve into the infamous “despised trade” which, as characterized from my years as a floor trader, should be viewed as “suspect” and provide an opportunity to look for the next level to scoop em big, with quantified risk. What’s needed is a game plan/strategy for execution right now.
Good till cancel, cxl or GTC orders are useful for more reasons than you might imagine as we stand ready at my locations and staying small.
Sorry folks, charts are not loading in web page. Email me if you need one.
ARP