July Milk is setting up a Bullish Cypher. Downside target 16.30 and then will see if this holds. If so, move back up to double top at 17.46. If fail, next downside target would be at 15.95.
Comment:
16.78 is creating resistance for milk to climb beyond. We may see a fail here in a couple of days for another move down. RSI still trending downwards.