Good rally today in the U.S.

[furrowtickler]

Wheat lead the way then soy followed. Canola bumped a little here but not enough to recover the last couple trading sesions.
Cotton, what are your thoughts? Do we see an early rally in the new year or is this just a blip?

[cottonpicken]

Short term predictions are the type of thing most
like to run away from or hide behind using words
like maybe,possibly,it depends and what kind of
risk can you handle.

Fundamental analysis is useless and technical
becomes less reliable the more timelines are
shortened.

That being said you would have to be crazy to crawl
out on a limb that offers all risk and no reward.

Seeing as how i'm crazy its not a big deal to me.

The charts and volumes of the various markets
seem incredibly off to me.

Within 18 days we will know if i am right or wrong
but i think the mother of all bear traps is here.

I've got a sell on everything except the usdx,with
reversal coming in mid feb.

NOT INVESTMENT ADVICE DUE YOUR DUE
DILIGENCE

[hobbyfrmr]

Cotton, I am trying to understand your example of a "mother of all bear traps." The bears get trapped, the bulls take over, prices rise, or...the bear trap traps the bulls and prices drop?

[Hopperbin]

Good observation hobbynieghbor. I believe he thinks the bears have been trapped for too long and there are too many bears and the gates are not strong enough.

[cottonpicken]

Bulls and bears can occupie different spaces at
different times among the asset classes.

To simplify buy/sell/ or hold.

That being said my above post does not make sence to
most.

A counter trend rally at the start of the year seems
likely to me.For various reasons.