Comments on the chart. There is big bucks in this trade if it plays out
Interesting scenario approaching in rice futures on a long term basis either to the downside or a bottoming opportunity.
Rice started a new intermediate trend with some attempts to get out of the bearish status it got since Oct. 2015. It got some support from an oblique trend that brings it towards the lower level of the bearish cloud. This area needs close monitoring, it could offer an opportunity for a buy in case of a breakout. The lagging span would however need to go through...