One week ago I got a strong bullish signal for wheat srw.Since then price of this comodity went up by 2.75%.This week sentiment of commercial traders for wheat changed once again from bullish to bearish based on the number of new short contracts opened(22,954) vs number of new long contracts opened(3,373).This means new short contracts opened outnumbered new long contracts by almost 7 to 1 and this means a bearish sentiment for this commodity.As result I expect price of wheat to drop in the upcoming days/weeks.Check my trackrecord2016 file and strategy on my free websites: http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website/
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