I guess todays results were what I expected from the tag of the 50 dma daily and how overbought it was. thanks for your post. I have a lot to learn.

@snp – I went to reply & add a comment to your reply under this MOS thread but accidentally hit delete instead of reply (which is stupidly placed right next to the reply link for admin accounts like mine). Here’s the accidentally deleted reply from @snp which I was able to copy before the thread refreshed: randy i will be really interested to watch this one. to my style of trading it seems counter intuitive. price seems extended now to me, and the 50 dma daily seems like resistance. im watching… (end snp’s reply)

The comments that I was trying to add were that I’m noticing several potentially bullish setups in the agricultural inputs sector. Many of those stocks are coming off very oversold levels on the weekly chart, most with nice bullish divergences in place and several are seem to be consolidation on long-term support. I’ll post a 60-minute chart of MOS, which looks interesting as well, in a new thread.