I am long 15K shares WEAT average cost $5.55. I am good with it. You are still talking gibberish, not TA. If you have nothing serious to add, perhaps best to just go away, find some cartoons to play with.
Interested to see the lines drawn ahead of time. What was shown there was hindsight. Draw them ahead of time and I think you'll have something.
As stated, you know next to nothing about TA. This WEAT chart has huge bullish signals as is. The lines are not needed.
That's what I thought. They were drawn in hindsight and don't appear to have any bearing on prediction of movements of the underlying.
No, you are wrong again. for traders who study TA, commitments can be made from so many types of buy signals, from candles to reversal pattern recognition to EW, to MACD lines. It really is amazing that here at ET, amateur posters can make sweeping conclusion statements based on a paucity of knowledge. One thing for sure: "People who already know everything will never learn anything". Good luck to you. You will probably need it.
It seems to have formed a mountain peak and it is going to the base camp. the downforce momentum seems to be strong. How low will Wheat futures go?