Itz, 3 days this week I was completely surprised! Two of those days I made money and today I lost my ###!
I am still amazed at how the technical always seem to work. Next week should be a cycle low for the Dec. A week ago I thought "no way", today I feel it is almost there!
The uptrend is now broken however I don't feel the downtrend will be for long, (famous last words).
Rumor has it that the WHO wrote a report saying meat was causing cancer! Plus the C/S report was bearish! I have heard both of these before but I didn't need to hear it today!
I feel as if the packers are going to be buying pork next week in the futures market as I feel the market is getting ready for a big move up!! So, this is one trade I need to be faded on as I am completely wrong so far!
Have a nice week end!
Dewey