Wheat:
We keep our short term bias unchanged and we are still anticipating a bit further decline in price. Thus far price has been following our preferred path reasonably well although the minor correction up started a bit earlier than what we would have thought. From here we expect a little more upside move on Tuesday after which we expect price to continue it move to the downside and reach for the 370/350 level after which we will start looking for a pattern to see whether or not the bottom is finally there.
We keep our short term bias unchanged and we are still anticipating a bit further decline in price. Thus far price has been following our preferred path reasonably well although the minor correction up started a bit earlier than what we would have thought. From here we expect a little more upside move on Tuesday after which we expect price to continue it move to the downside and reach for the 370/350 level after which we will start looking for a pattern to see whether or not the bottom is finally there.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.