Seems crazy but a long at this channel touch at primary support can drag a wonderfull R/R. SL is well defined, middle term trade tp 1 is middle channel, tp2 is the top of the channel and tp 3 is the breakeup. Take partial profit after 100 points around 6400 and put the rest at be
Short if the support zone will not hold
Final target is on the air and will take a big decision about taking atour lower or getting near 100 area
Short wheat at this trendline, at this season and at more then 500
We are aproaching the main trendline, evalutationg the seasonality i'll put a short order.
Is time to put in watchlist Sugar. We are close to the main supports so we have two levels to place a buy. I think the better level should be 10 but the upper one is still attractive.
We are at decision time. Someone says "sell index in May" and Nikkei is aproaching an interesting area that could work as support (is on main support atm) or be broken to the lower triangle support and finnally (in may) be broken. Needs some time to wait but will be interesting.
Finally we reached our tp2 56 and sold sll longs. Now i'm watching to find a good entry point and my thoughts are about use the momentum to the upside tp 65. The old gap is closed and now i'm expectating a consolidation, no shorts opportunities atm around the gap so i'm imagine a short consolidation and a restart to take 65 and then begining the bullish trend. So...