Wheat – pattern from the 1970’s complete

CLIFF NOTES: charts below show the SAME PRICE PATTERN from 1970 is complete … we do have some pretty BIG candles going into the level so “waiting” and letting the market prove it is advised.  That being said – we have bullish divergence on a weekly basis and we have a PATTERN complete so put on your radar screen.  If we go thru 473’2 then believe this PATTERN is toast.

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART