Breakout! Maybe jawboning does work after all...

If one we to keep selling, the highs get higher...1.6% up so far today...

The path of least resistance was...up...

Path of least resistance?

 

Priming for the next move...

30 min fcpo, coiling the spring ...

Priming for the breakout...

2309 and 2321 sets up...

"The objective of war is not to die for your country, but to let the other bastard die for his" Take everything in stride and with a grain of salt.

When you are short, you paint the bearish picture.

 

When you are producer, you paint a bullish picture.

 

The same guy who says 'must drop' now is the same fella who targeted 4500 earlier in April 2012. At he is consistent, CONSISTENTLY WRONG.

"When the market turns the other way, you better turn its way..."

Upside breakout...

 

"When the market turns, the majority of participants are looking the other way..."

...on the up...

This afternoon, the 5 min elephants seem to be stampeding downwards...

Soybeans up over 1%. "Fundamentals determine price in the long run, but in the long run as Lord Keynes said, 'one certainty, we are all DEAD'"

The 15 min elephants have been stampeding up for a while now...

1 min... uptrend??