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	Comments on: Charts I&#039;m Watching Today	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/charts-im-watching-today-5-2/#comment-12163</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Fri, 15 Mar 2019 15:37:19 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=190505#comment-12163</guid>

					<description><![CDATA[/ZW wheat futures are trading up +1.8% while taking out the previous &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt; high, building on the recent &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; following the divergent low &amp; channel breakout/backtest. WEAT is the official active trade proxy although I prefer to use the futures for charting purposes as WEAT simply tracks wheat prices via futures contracts.
&lt;!-- copy and paste. Modify height and width if desired. --&gt; &lt;a href=&quot;https://content.screencast.com/users/rphinney00/folders/Default/media/bdad388e-0c9c-441a-900c-d057a041e4ce/ZW%2060-min%20March%2015th.png&quot; rel=&quot;nofollow ugc&quot;&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;https://content.screencast.com/users/rphinney00/folders/Default/media/bdad388e-0c9c-441a-900c-d057a041e4ce/ZW%2060-min%20March%2015th.png&quot; width=&quot;1245&quot; height=&quot;727&quot; border=&quot;0&quot; /&gt;&lt;/a&gt;]]></description>
			<content:encoded><![CDATA[<p>/ZW wheat futures are trading up +1.8% while taking out the previous <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr> high, building on the recent <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> following the divergent low &#038; channel breakout/backtest. WEAT is the official active trade proxy although I prefer to use the futures for charting purposes as WEAT simply tracks wheat prices via futures contracts.<br />
<!-- copy and paste. Modify height and width if desired. --> <a href="https://content.screencast.com/users/rphinney00/folders/Default/media/bdad388e-0c9c-441a-900c-d057a041e4ce/ZW%2060-min%20March%2015th.png" rel="nofollow ugc"><img class="embeddedObject" src="https://content.screencast.com/users/rphinney00/folders/Default/media/bdad388e-0c9c-441a-900c-d057a041e4ce/ZW%2060-min%20March%2015th.png" width="1245" height="727" border="0" /></a></p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/charts-im-watching-today-5-2/#comment-12162</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Fri, 15 Mar 2019 14:22:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=190505#comment-12162</guid>

					<description><![CDATA[Meant to include this one: /CT (cotton futures) has broken out above the bullish falling wedge pattern/&lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line + 75.00 price resistance level following the recent divergent low.
&lt;!-- copy and paste. Modify height and width if desired. --&gt; &lt;a href=&quot;https://content.screencast.com/users/rphinney00/folders/Default/media/048f3ece-7ea5-4d68-8fe2-811158d43f5b/CT%20daily%20March%2015th.png&quot; rel=&quot;nofollow ugc&quot;&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;https://content.screencast.com/users/rphinney00/folders/Default/media/048f3ece-7ea5-4d68-8fe2-811158d43f5b/CT%20daily%20March%2015th.png&quot; width=&quot;1246&quot; height=&quot;728&quot; border=&quot;0&quot; /&gt;&lt;/a&gt;]]></description>
			<content:encoded><![CDATA[<p>Meant to include this one: /CT (cotton futures) has broken out above the bullish falling wedge pattern/<abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line + 75.00 price resistance level following the recent divergent low.<br />
<!-- copy and paste. Modify height and width if desired. --> <a href="https://content.screencast.com/users/rphinney00/folders/Default/media/048f3ece-7ea5-4d68-8fe2-811158d43f5b/CT%20daily%20March%2015th.png" rel="nofollow ugc"><img class="embeddedObject" src="https://content.screencast.com/users/rphinney00/folders/Default/media/048f3ece-7ea5-4d68-8fe2-811158d43f5b/CT%20daily%20March%2015th.png" width="1246" height="728" border="0" /></a></p>
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