cme, I thought some folks would get a chuckle out of that:)
yahoo does chop up messages fairly often don't they.
The correction was: pullback for the scenario outlined would be $32.60 not 31.whatever.
I was being a little cute by writing 24hrs the way I did.
A $2.00 move in a day might be highly unlikely, but possible. However $1.00 today plus $1.00 tomorrow would meet the 24Hr recommendation.And, this scenario is very reasonable. movement is a function of time (how long it takes to do it, and by when), volume and price objectives.
if it plays out, it plays out, if it doesn't, it doesn't. But, won't I have bragging rights for another day or two if I call before it happens:)
if Ag gets and stays above 31.86, Ag related equities are a long, and this morning was a shakeout coinciding with the dollar rising 50 points to its resistance level, where the dollar was (for now) firmly blocked.