warrenbuffettdemicasa

wheat will have to enter it's cycle

שורט
CBOT:ZW1!   חוזים עתידיים על חיטה
wheat has a 6month cycle, between northern and southern emisphere crop, looks like it will begin a supercycle, like all commodities.
by a thecnical point of view, it's forming a H&S. wheat is a quite "dangerous" commodity to trade so i don't think it's a good idea entering before the pattern ends it's forming and starts going down from that neckline, multiple false breakouts are to expect once the price is bellow the neckline. i don't think it's a coincidence that the natural target of the pattern coincides with a round number (600), witch has been a strong resistance and support in the past.
הערה:
as long as the neckline is not broken still valid
הערה:
aged like milk
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