Wednesday, October 13, 2010

Soybeans have reached time and price

For those of you that have purchased the online Gann lessons this is from the chapter 10 talking about the SolarMatrix and the name of my old website.  If you have followed the rules setup in that lesson, you should be preparing to exit your long November Soybean position today.  Today is 66 market days over and 4x66 up in price, or a 4x1 projection.  1215 should be the target today and if not begin to push stops up under the hourly swing points to exit.  There is an outside chance beans could go limit up today to complete the move and hit other important time lines, but the close should below 1215.
There is a equal or even better sequence coming up at the end of the year.  For those of you that aren't aware of the lessons, check them out on one of my sites. http://www.cotlive.com/COT/wdgann/index.html  My plan is to revamp the wdmatrix.com site, just for WD Gann stuff; and web restoration is underway.  The old solarmatrix.com web site that still gets a ton of hits, will be set for just Gann's astro work.  My COTLive.com website is my new baby, trading the third dimension of Volume and the CFTC's commitment of traders data and fully operational.
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