Dual AB/CD, Tight PRZ
In light of my long term potential bearish shark [a prior post](currently around "C"),
I believe there is a long bias for months to come in Beans. Thus, opportunities
to get long should be sought. We have an AB=CD and an AB x 1.272 = CD tightly
confluent just ahead. This could certainly be viewed for a potential short. I
view this as an alert that a pullback may be forthcoming, and offer a long setup
opportunity. Both may in fact be ahead.
I believe there is a long bias for months to come in Beans. Thus, opportunities
to get long should be sought. We have an AB=CD and an AB x 1.272 = CD tightly
confluent just ahead. This could certainly be viewed for a potential short. I
view this as an alert that a pullback may be forthcoming, and offer a long setup
opportunity. Both may in fact be ahead.
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