RICE .....high possible for falling Short

Rough Rice FuturesCBOT

Description

⋅ Apr 30, 2017 2:25 PM

downtrend........
after several lower tops.there is a big bearish candle over the resistance line ....
sell if closing below 920 on daily time frame ...

Comments

clearybuzz

⋅ Apr 30, 2017 7:08 PM

i like this one alot @pardis

pardis

⋅ Apr 30, 2017 8:13 PM

@clearybuzz, thanks a lot

clearybuzz

⋅ Apr 30, 2017 9:19 PM

@pardis, barrons.com/articles/steamy-el-nino-could-puff-up-rice-prices-1493438636 careful, your chart made me do some digging. seems el nino might send price up for the short-medium term. i still like confirmation under $920. good luck!