ZW1! Long Idea- Opinion

CBOT:ZW1!   Wheat Futures
Hi there ! This is a recent analysis for ZW1! that focus on long positions. As you see at the weekly chart the price after a short breakout tend to rebounce to the median of the bollinger bands , this long swing signal it is also confirmed from ADX and RSI also tend to give a solid buy signal after the recent oversold levels. The opinion here is that ZW1! is going to reach the price level of 490$. As we enter the mid spring season prices tend to go higher through crops all over the world and especially in the summer season.

**This is not an investment advice , it is only for educational purpose**

Invest with safety.
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