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Wheat is looking very bullish now as it came very close to the red upper band but not there yet. I wouldn't be convinced until that resistance is broken.
I reckon corn has one more leg down to go. 361-362 should be hit today and I may try a short from there.
No DAX? I think DE sitting on massive support at 11300 area?
ReplyDeleteYes DAX. 4th chart.
ReplyDeleteThanks for those nice charts.
ReplyDeleteHi Bouraq,
ReplyDeletewhat about wheat and corn,bullish after yesterday's price action,not bearish,what is your opinion?
Wheat is looking very bullish now as it came very close to the red upper band but not there yet. I wouldn't be convinced until that resistance is broken.
ReplyDeleteI reckon corn has one more leg down to go. 361-362 should be hit today and I may try a short from there.