On Tuesday we got involved in this Formation Finder as the market was breaking above small resistance at the 4.85 level…LETS GO!!!
Kansas City Wheat
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I believe it is time to turn our attention to a possible bounce off this double bottom.
I am not looking for a homerun on this trade but a single or double would be nice to start a Holiday shortened week!
From this morning’s Pre-Dawn Targeting…
I will be getting SHORT on the open
Here are some prices to shoot at…
This is a sample of Brian’s email newsletter, The Cullen Outlook. To gain access to these charts and all of the trade ideas in full the day they are released, sign up for a FREE 30 day trial today! Visit www.TheCullenOutlook.com Follow: @CullenOutlook Good Morning— December KANSAS CITY WHEAT: (KEZ7) I like BUYING KC Wheat here….Who’s with me?!? Take 5 minutes and watch… Read more.
Take 4 minutes, view the video and let’s take some action!
We looked to enter this trade on Tuesday at 4.20
6 month trendline was broken today!
MACD gathered some upward strength…
I put a few levels to shoot at it in greens if you choose to get involved.
This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
4.00 level holds!