NOTE! This site uses cookies and similar technologies.

If you not change browser settings, you agree to it. Learn more

I understand
Monday, 30 November 2015 10:20

Is the Milky Way ready to turn up?

After a visible downtrend, the milk seems bottoming and ready to reverse.

A stopping volume is after a selling climax: according to the Volume Spread Analysis, we are facing signs of a reversal.
In addition, if we try to follow the Elliott waves, we may be at the end of the step number 5, waiting for a next rise, maybe a correction (a, b, c), maybe another impulse (5 waves up).
Finally, we notice that the january 2016 milk future's sizzle index is very high, amounting to 9.442.

A series of signs lead us to ask: is the Milky Way ready to turn up?

milk bottoming

Remember: this is not a trade solicitation and, if you decide to trade, you do it at your own responsibility.

Seguici su Twitter


Trading for Purpose RT @AheadoftheNews: NYSE adv/dec past 2 days. Note the strong opens which deteriorate as day progresses. distribution.…
Tuesday, 20 March 2018 06:37
Trading for Purpose RT @ttp_mailus: Cronos Group ($CRON) flies high in Wall Street. Apparently the cannabis business pleases investors. cannabis weed Medic…
Friday, 09 March 2018 10:43
Trading for Purpose RT @ttp_mailus: FOX has just won an Oscar for 'The Shape of Water'. Is the newly formed trading range a distribution or a riaccumulation?…
Monday, 05 March 2018 12:17
Trading for Purpose RT @ttp_mailus: The results of Italian elections begin to clear up and the FtseMib index struggles not to collapse. The ascending channel,…
Monday, 05 March 2018 11:12
Trading for Purpose RT @ttp_mailus: Usually the oil stocks index turns slightly earlier than crude oil itself. Recently XLE (blue line) turned south at end of…
Thursday, 01 March 2018 14:21