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