Market capitulation, are we in a decline phase? | August 16, 2024

Headshot of Trent Klarenbach, founder of Klarenbach Research
Trent Klarenbach
August 20, 2024
Thumbnail for "Market capitulation, are we in a decline phase? | August 16, 2024 | Klarenbach Research" YouTube video.
August 20, 2024
In today's video, Trent starts by discussing his recent Canola analysis tweet, covering both bullish and bearish price strategies, and addressing a comment suggesting we might be in the capitulation phase. He then delves into the Four Stages of Market Structure, with a focus on the decline phase, and illustrates this using a weekly Soybean Futures chart. If you haven't yet, check out Trent's presentation, "A Cheat Code for Grain Marketing," where he explains the Four Stages of Market Structure and how identifying your current emotional state can hint at upcoming price movements - https://www.youtube.com/watch?v=vfd-FnLqhe0&t=343s