... just scalp it!
CBOT:ZW1! There is also that slight matter of a wall of wheat out there!
Before anyone drinks (more) of the coolaid. www.hussmanfunds.com www.hussmanfunds.com www.hussmanfunds.com www.hussmanfunds.com www.hussmanfunds.com www.hussmanfunds.com
3 separate (Bearish Bat + Gartley) PRZs line up @160! With the Real strengthening but also, option volatility rather expensive @ 41%... ... we have bought up the Dec. 2020, 140-160 CALL Spreads for $1095 a pop. We are expecting Coffee to finish the year >160.00, for a 1:7.3 R/R on this trade - i.e. $7500 / contract. Good luck out there!
We (and you??) have been short this thing since 11500. See this post: and this post: This is just a reminder where we are going and to look for fresh SHORT Entries.
... since this post: and this post: and this post: ... and so on. Many of you asked "what is our single largest current position?". That's easy: Short Copper. (and WTI Crude)
We've been (and continue to be) SHORT gold since this post: and this post: and this post:
... just follow the arrows!
======================================= September 28, 2020 -------------------------------------------------------> 10-02-2020 S&P500 Trade Setup -------------------------------- S&P500 Trades can be found in this post...
If this works out then, of course, one ends up with a large H & S!
... or could be! There is more money to be made here than in a "crash" ... so do it! Scalp it like a there was no tomorrow - as there may not be one :-) (Both, outright Longs & Shorts are suckers here!)
Would anyone really wanna be short, down here??... especially in that bullish Deep Crab's PRZ?! Because if "not" then better be short the PMs, especially silver - for now! ...with further implications for the USD.
Just as this spread indicated the beginning of the Equities rally, now it is telling you: It's over! It is starting to wick.
2 year long inverse H & S , already broken out (neckline) and has also already retested!! Ready to rise. Nasdaq + FAANG + Energy + US 10-yr Note +.... all signal same direction -> SHORT! (Present correlation: 0.81!)
Live - Real Time - Trading examples of navigating the turn(s) - swings - in any market. (In this case: EURUSD & EURGBP) ======================================================================================================= The following *** Live Trading snapshot *** can be found in this Real Time Trading...
Let's hope it gets up there, first! (Currently scalping/long for bounce.)
It's may be time to start looking for Short Entries?!... w. a 7500 (long term) target.