{"product_id":"v81457profso","title":"V. 8:14 (574-574): A professional solves our monthly mystery","description":"A professional solves our monthly mystery\u003cbr\u003e\u003cbr\u003eIt appears that a professional topped the submissions for the March mystery chart (Figure 1). James S.\nVick of Kent, Connecticut, correctly identified the chart as that of 1980 soybeans, just before liftoff\n(Figure 2). Mr. Vick's analysis follows:\u003cbr\u003e\u003cbr\u003eJames S. Vick\u003cbr\u003e\u003cbr\u003eJV Trading\u003cbr\u003e\u003cbr\u003eKent, Connecticut\u003cbr\u003e\u003cbr\u003eThe Mystery Chart in your March issue is a daily soybean chart from about May 15, 1979, to June 23,\n1980. The chart depicts a low in April 1980, which preceded a seven-month rise of more than $2.00 a\nbushel. However, the moves in 1979 and 1980 were dwarfed by a 13-month decline (from November\n1980 to December 1981), which carried beans down about $6.00 a bushel.\u003cbr\u003e\u003cbr\u003eThe chart, as printed in your March issue, appears to have contract rollovers embedded in at least five\nplaces (every two months from mid-October 1979 to mid-June 1980). The rollovers show on the chart as\nupward gaps of about 2 cents each. This distorts levels of support\/resistance and skews the trendlines,\ncompared with what they would have been on a specific or continuous contract. The rollovers make the\ndecline appear more gradual than it actually was and would likewise make the ensuing advance appear\nsteeper.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134108397937,"sku":"\\V08\\C14\\M7.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0472dc2b-5dd4-47af-9dfb-0e487332461b.jpg?v=1739667087","url":"https:\/\/shop.traders.com\/products\/v81457profso","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}