$ordi
Reviewing the selling structure of ordi,
after completing ordi in the 20-70-90 range in 2024,
it's just a short-term approach. In the trend market after August 2024,
ordi was not entered, and the simple reason is,
bad structure = low probability of making money,
good structure = high probability of making money.
In the trend market from September to December 2024,
the strong rallies are all from very standard accumulation structures, even textbook examples.
Clearly, after the panic sell-off on August 5th, ordi
also did not establish a good accumulation structure, and there are no expectations for a good market.
Now looking at the right side, it’s just another low-level distribution.
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