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Breakout from 2.34, but does it have the legs to go past 2.49?
Looks like a bottom is in place but will the trend reverse now or much later?
Potential area of reversal for Glencore. With expectations of low inflation, high leverage so exposed to interest rates and an reversal pattern in the making, this may be worth the shot short.
3 good reasons why Wheat maybe heading higher.
Also MACD is bullish, although RSI is undecided.
Is this too easy to predict using a charting principles
or will wheat follow and break out later in the year?
Wait and see.
1200 Buy and Hold!!!!