Hardly Working...... - Tuesday, page-16

The monthly print for the beans is certainly more positive than negative with what could be called a dragonfly doji



When inverted it looks nasty to me with what could be called an shooting star appearing after a multi month creeping trend up.  If I saw this pattern on a short time frame on the Emini, say the 30 minute or thereabouts, at some important resistance with some time factor suggesting a change in trend, then I would be very keen to sell it, so why treat this any differently.  No, the same rules apply.  So that sits well here.



The weekly looks picture perfect atm with that engulfing last week and early follow through now confirming a low of some significance.



And then the daily, well, this looks very bullish right now, super bullish in fact, for my mind.  I'm wanting a pullback to the 10 day sme to see the reaction and add some.  When I picture in my mind a chart with this reversing here and moving to a new low it just is not a chart that shows up on markets in my experience, but I've only been doing this for 15 years so I'm still on the "L" plates and am prepared for the market to give me a new lesson.