hopscotch

January Milk Bearish Bat

Short
CME:DLF2019   None
Milk found a bottom two days ago and is now in retracement heading for pivot at 15.32. Hit the 20 day MA and will need to advance past this to achieve pivot. RSI is pushing upwards and trend is up. Believe double bottom needs to be achieved before significant headway can be made. This is still a bearish market.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.