Hello everyone, the situation on wheat remains unchanged and this is just an update, but for those who have not yet entered the market, they have not missed the train yet. 🚄
A very strong MML is forming at the 683.63 level and that is where laggards can enter.
The price will be attracted in the next few hours or days to that level and with great probability, and we are talking about 95%, the price will repeat an equal descent of strength and approximately also of time to the first trend line.
Let’s remember that on the quarterly and on the annual we are sellers, so don’t look for LONGs that don’t exist, let’s place our trade on the MML and let’s look for the quarterly closing profit around 576.36.