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US30 – approaching a resistance line that has been previously tested at least twice in the past

US30 is moving towards the resistance line of a Rising Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the next 3 days.

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After testing the support line numerous times, Wheat DECEMBER 2019 is once again approaching this line. Can we expect a bearish trend to follow?

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There is a 66.67% chance of LE trending downwards

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