Those of you that are trend followers are probably eagerly watching Soybeans MAY 2023 to see if its latest 6.72% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 21 days move.
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After testing the support line numerous times, Brent Crude is once again approaching this line. Can we expect a bearish trend to follow?
A Falling Wedge pattern was identified on Brent Crude at 65.103, creating an expectation that it may move…
Silver Spot – It’s perhaps in these huge moves where the greatest opportunity lies
Silver Spot hits 32.899 after a 14.76% move spanning 23 days.
If you’re short Brent Crude you should be aware of the rapidly approaching level of 68.2940
Brent Crude is moving towards a resistance line. Because we have seen it retrace from this level in…