Corn
Began accumulating (short term) long position on Corn futures, expecting retest of temporary highs in correlation with perceived fractal. Original wavelet 3-4 is an abcd wave, with an AB completion, heuristic is of a bc wave taking us to the 409 level, before wave cd brings us back significantly lower to around the 360 level, where upon bullish long wave (blastoff should begin). Hence if current move proves expedient (i.e perceived wave b-c takes us to the 409, I will sell out longs at the 409, turn short for a drop to the 360 level, before loading up heavily on the long side again as fractal would point to blastoff move touching 450.
By Andrew Shawn – Recursive Investments in Global Financial Markets
Financial Markets | RefCapGroup | 
July 25, 2010 6:58 pm
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