Analysis indicates that failure to make a new low after hitt...
Analysis indicates that failure to make a new low after hitting a 38.2% or 23.6% retracement in the 78.6% retracement area could trigger the next Bull more, or at least send it 78.6% of where it just came from. Short term target on a rally from 5.55 is 6.00 (78.6%), a major Gann square.
The Trend Is Still Down In Wheat, But Holding A 78.6% Level Could Be The Start Of A Rally Into Spring
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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