OJ Is Sour - From An Erections Come Corrections
Commodities are a completely different kind of trading. They can get extremely violent and blow out people faster than you can blink!
In this chart, we can see an erection move (accelerating as it rises) which is always followed by a correction. The question then becomes where and when the correction occurs.
A topping M pattern is one such signal that gives us a clue a correction may be on the horizon.
Caution! is in order if you are long OJ.
In this chart, we can see an erection move (accelerating as it rises) which is always followed by a correction. The question then becomes where and when the correction occurs.
A topping M pattern is one such signal that gives us a clue a correction may be on the horizon.
Caution! is in order if you are long OJ.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.