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lestad
Jan 19, 2014 10:18 AM

a doubtful long trade in wheat? Long

Wheat Futures (Mar 2014)CBOT

Description

even tough it seems a little bit doubtful, we may be seeing a long move to 590 area in wheat,
the bottom might be in 560 area, so the stops should be placed around 550-555 area.
RSI also shows positive divergence, which may also be an additional positive proof...
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