Kumowizard
Short

Wheat can suffer more if 460 breaks

CBOT:ZW1!   Wheat Futures
104 3 2
Weekly:
- bearish Ichimoku
- bearish Heikin Ashi
- if it can not make a "triple bottom" ard             460, then 425 will be in focus

Daily:
- bearish Ichimoku
- bearish Heikin Ashi
- pull backs are possible from time to time, but 480-485 is strong short term bearish support

Olease note that the new front contract is December, which trades ard             464 right now. Consider that as ZW1!            
agreed!) on my humble monitor risk is also to the downside...


Reply
Kumowizard Killy_Mel
Yeah, will be under pressure for some time. I don't say to go short here and now, but we can forget about strategic long positions, unless it proves to hold this kind of triple bottom pattern.
+1 Reply
hehe Killy_Mel
...or not /#USDA next week/:

+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out