upside focus remains, expecting a strong move higher near 1400 to complete wave (5), critical support at 967.2
expecting a strong move near 1400 to complete wave (5), next key level to note at 1139.6, critical support at 967.2
Hi friends, wheat long to 618 as new wave 1 of the 3, then down for wave 2, the count will be 1 2 1 2, will update it when it done after that boom 3rd wave. do not forget to follow me ^^
The WHEATUSD, symbol ZW, is in a rally within a Bear Market with price trading above the 50 week ema and the 200 ema, but below the 800 week ema. The the long term emas are mostly flat, signaling accumulation / distribution. The price action appears to be finishing up the e-wave of a b-wave which should resolve in a c-wave down into late Spring. There is a...