Wheat futures is about to continue dropping as this is the last phase before a long-term rise. Perfect for hedge an actual commodity when farms starts growing wheat for next year and which will probably lead to a long opportunity when farms head towards harvest time. For now and the next 3 months at least go short...
Nasdaq has hit the support of the lower trendline and BMS happened too. Has to trace to 15000 and drop after testing the upper trendline
Nasdaq has hit the support (lower trendline) and BMS happened too. Now we a expect the market to retrace backup then drop after testing the upper trendline
Hello traders Now that a double bottom is about to form indicating a bullish movement on a bullish pennant both on the speaker pattern and a descending equidistant channel of which if broken from above the bulls jump in...