Wednesday, 5 July 2017
Wheat, Commodities and Commodity Stocks: 5 July 2017, Wednesday
Wheat, Commodities and Commodity Stocks:
5 July 2017, Wednesday
Attached is the technicals for wheat, one fine example of what is happening in the commodity markets. The first blue circle is my live fore-warnings in 2H-2016 that commodities and commodity stocks will rock bottom in 2H-2016 and 1H-2017. The green circle is where commodities are breaking up impulsively like wheat per my live warnings in 2H-2016. The green circle is also confirmation of wheat's change of large trend to large uptrend in what is to come for commodities and commodity stocks (big upmove). It is one example of bullishness for commodities and commodity stocks which I will start to give a series of analyses in.
Commodities and Commodity Stocks:
Bottomed, Rock Bottomed and had been in Bullish Accumulation.
I reiterate that all sellings in commodity stocks have been fake sells in 2H-2016 and 1H-2017 in stock markets.