High Volatility, High Risk, High Opportunity

Alan PalmerGeneral Commentary, Grains, Stocks

ARP HERE
Small stock market crash,
LONG AND WRONG
For now anyway. Could this be a top.
Going forward I have levels,but only trading levels. No long
term cowboy predictions.
In my opinion short covering rallies will be vicious. Do not discard this warning
However this is where we can take advantage of the volatility.
I could turn bullish stocks again, but only after and if into a extreme down, perhaps close to year end
If a large break ensues.
It is important to recognize a years worth of rally can vanish in a 48 hr period. These are major events.
They happen so fast. Caution advised.
EMAIL me with request for charts and levels. Pattern recognition is what I try to teach.
It is my belief that there are many impending storms on the front, let the olive line assist.
ALANISM- SOME THOUGHTS
1) LIGHTENING STRIKES TWICE
ONLY IN THE FUTURES MARKETS
2) EXPECT THE UNEXPECTED
3) ALWAYS USE STOPS, MY SUGGESTIONS
4) A RULE, YOU NEED TO HANG ON TO WINNERS,TRAILING STOPS CAN KEEP YOU IN.
GRAINS
The report out of the way. The corn is taking off a bit here.
The Olive Line was a buy for some time now.
The levels were live and suggested.
I am thinking more up here. Stay Tuned. Not to late to be In
However trail with stops.
We are entering a high volatility, High Risk, High Opportunity trade in my opinion.
The market will present extremes. let the Olive Line assist.
Best
ARP