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Tr8dingN3rd
Sep 2, 2016 7:04 AM

SB - Soybean: LT within the PB Fork Short

Description

Longterm SB is trading in the PullBack Fork.
Centerline misse 3 times = filling the tank.

Now at support from tiny base and A/R Set.

a) if support is broken, i would wait for a PB to short it.
b) if close above U-MLH going long

My view is more to the short side, so waiting for something to happen.

In the meantime, i check if i can get good premium from selling call spreads or naked calls ( for income ).

P!
Comments
Tr8dingN3rd
BTW - The dayli catched the CL TGT very nice.

IvanLabrie
Looks like a strong support level here actually (monthly)
Tr8dingN3rd
Yes, on the left side is even more.
...takes time to find out hehe...
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