Wheat DECEMBER 2019 is heading towards a price line of 518.2500 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
Big movement possible on Brent Crude after a breach of 76.4880
A strong support level has been breached at 76.4880 on the 15 Minutes Brent Crude chart. Technical Analysis…
Silver Spot is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
Silver Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Natural Gas is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 7 days.
Natural Gas is moving towards a resistance line which it has tested numerous times in the past. We…