Saturday 11 June 2016

Wheat hrs

My second bullish signal for Wheat hrs was last week on 4 June 2016 when its spot price was 359.50.This week spot price of Wheat hrs was 358.50 so it means it dropped by 0.19%.But my first bullish signal for wheat hrs was on 16 April 2016 when spot price of Wheat hrs was 523.50.This means that spot price of Wheat hrs since then went up 2.87%(check my trackrecord2016 file).This week I got a bearish signal for Wheat hrs based on the number of new short contracts opened(1,818) vs number of old long contracts opened(1,012).I expect price of Wheat hrs to drop in the next days/weeks.Check out my strategy on my free websites:http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts

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