Monday, April 30, 2018

#Wheat Review $WEAT

Wheat Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Wheat's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Wheat remains misalignment across the daily, weekly, and monthly trends - only the monthly trend remains aligned down. Misalignment suggests cause building, the accumulation ahead of transition from mark down to mark up. Bulls on the sidelines until the primary (monthly) enters upside alignment. Jumping the creek (or breaking the ice will) be directed by TIME. (see Matrix). Pros, recognizing crop damage due to the cold, are watching wheat from the safety of the sidelines for now.

Chart
$WEAT

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.