Wheat:
Nothing much to add to our last week's outlook on this chart and price has been following our preferred route quite precisely. Price is now approaching the descending resistance trend line at 407 Monday and at 406 Tuesday with an additional and crucial resistance at 411. As long as price does not break the 411 mark to the upside we maintain our bear bias and do not yet call for a bottom in this market. We are close, however.
Nothing much to add to our last week's outlook on this chart and price has been following our preferred route quite precisely. Price is now approaching the descending resistance trend line at 407 Monday and at 406 Tuesday with an additional and crucial resistance at 411. As long as price does not break the 411 mark to the upside we maintain our bear bias and do not yet call for a bottom in this market. We are close, however.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
