Wheat Bearish Flag

24 thg 3, 2017

May Wheat is forming a bearish flag. Could fall into Cypher extension heading for a double bottom. Looking for confirmation of a start near centre of the flag downwards and continues downwards. RSI still trending downwards

27 thg 3, 2017

Ghi chú

Wheat fell off of bearish flag today. Looking for sell to 406'7 this week

27 thg 3, 2017

Ghi chú

406'7 is for Wheat mini and 420'6 is for July Wheat

27 thg 3, 2017

Ghi chú

Wheat remained bottom 25% of bar. Looking for further selling to 430. New projection is now a bullish bat / butterfly. Anticipating double bottom at 420'6.

29 thg 3, 2017

Ghi chú

Wheat made a shooting star and another possible bearish flag today. Could see another move down into extension and 420'6.