Saturday 11 June 2016

Wheat srw

This week I got a bearish signal for the wheat srw based on the total number of new short contracts opened(37,745) vs net number of old short contracts closed(368) in the last 2 weeks.Besides I got a bearish PCC = - 0.63 for the wheat srw in the last 3 weeks.This means a srtong enough divergence between bearish(rising) and bullish(falling) sentiment for this commodity in the last 3 weeks.Therefore I expect price of wheat srw to drop in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts

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