The following video provides technical analysis of the US stock market, precious metals, commodities & US Treasury Bonds. Silver or Gold level access initially required.
I believe that I might have skipped over the chart of /ZW, wheat futures, which I had intended to cover in the video so I’ve included a screenshot of that chart below as /ZW has just made an impulsive breakout above the 60-minute downtrend line following the recent divergent low.
ZW 60m Sept 9th
For those that prefer trading ETNs over futures, WEAT appears poised for the next rally following the correction after the last official long trade off the same level back around the May lows. I’ll follow up with some new price targets for WEAT soon & might add it as an official trade, along with some of the other commodities covered in the video above.
WEAT daily Sept 9th