Target $35 to $30
Divergence and year end fading.
double bottom attempt
1. buy more as price falls, no stop loss
2. be patient
no doubt about it
beautiful setup occuring
should head towards 5%
should reverse bullish for 2016
not much to say, its cheap
VIX index should rally to 15+
Technical long setup.
QE4 will give credence to sell USD and buy anything that is "cheap" on a relative basis.
Wheat is definitely getting into that "cheap" area, especially if you consider historically where it has been.
monthly chart, be patient
Challenging 16.66 for 17.30 and 18.50, and could go for 20+ on a breakout.
all the markets really are, are cycles of bulls and bears... over decades the big money trades off holding commodities and cash.
techs point to a base building in 2015 in $60/$70 on U.S. Coal Index
pretty good sell signals here. good luck traders. ive been short since 130.50