My last bearish signal for wheat was on 16 January 2016.Since then it fell 3.38%.However in the last 2 weeks I got a new bullish signal for this commodity based on the total number of new long contracts opened (31,050) vs net number of new short contracts opened(2,883).This means almost 11 times as many new long contracts opened as new short contracts oped for this commodity so price of soybeans is expected to rally soon.Check my trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
No comments:
Post a Comment