As I said above with regards to a possible Retracement of this move.
- has broken a downtrend
- this could be a short squeeze?
- Volume profile suggests support building between 8.7 and 8.32(refer to RHS - 1Day chart)
- I will keep and eye on DXY
DXY
for weakness in the coming week to make a decision
- yes yes, trade wars this... and trade war that...*internet sarcasm* please refer to Macroeconomics - Terms of Trade and not noise :)
5 Day returns(last week): - we can see that Soy, Wheat and Corn did quite well
1 Month returns:
6 Month returns:
YTD return:
- has broken a downtrend
- this could be a short squeeze?
- Volume profile suggests support building between 8.7 and 8.32(refer to RHS - 1Day chart)
- I will keep and eye on DXY
DXY
for weakness in the coming week to make a decision - yes yes, trade wars this... and trade war that...*internet sarcasm* please refer to Macroeconomics - Terms of Trade and not noise :)
5 Day returns(last week): - we can see that Soy, Wheat and Corn did quite well
1 Month returns:
6 Month returns:
YTD return:
