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Strategies & Market Trends : Grain Futures Trading

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To: High Grader who wrote (220)11/22/1998 1:58:00 AM
From: nicewatch  Read Replies (1) of 645
 
HG, Thanks for the read. I won't lie... I don't sleep that much! Maybe I should work on that. Re: beans, I am watching for which way Friday's inside day breaks. The indicators, and my gut, tell me it's going to be down... but I am ready to play it either way. What timeframe STORSI are you using that is close to a buy? The (21,13,8) STORSI that I just posted on May beans shows a triple divergence between all upwaves since September. The (8,5,3) is closer to a buy, but may not have bottomed yet. For the ewave of beans.... unless beans rally soon, 11/12/98 is the wave 5 of one high, imo. If that is the case, the onus upon us is to get the handle on this larger wave two. Talk to you later Regards, Frank
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