(Click at the picture to enlarge)Wheat is currently sitting on major support near 434 (horizontal red line). My favorit count seen above suggest, that wave b of major B has just finished and we should see wave c of major B higher towards to Shoulder/Head/Shoulder neck line at 740 over the coming month.
A rally to near 740 would make wave c 1.382 times wave a in a irregular flat correction.
Time for some more cheerful farmers...
No comments:
Post a Comment