WHEAT
You
have already reveived the US Dollar forecast and, as you can see, it is
suggesting a general pullback. We are waiting for this movement and it
should support our view about other important Markets, like commodities,
that have been affected my the strenght of the USD.
Today
we have a look at one new Market we are introducing in our Report
Service: Wheat. We think there is a good opportunity for a new uptrend
in this Market, even if it can remain sideways for a while. This simple
chart shows something important:
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Working
with
grains means often working with horizontal prices, and here we have an
example. Because of many factors, we see Wheat being in a very good
position in terms of a risk/reward. We published this Chart a few weeks
ago, I let you have a look to Wheat, ours was not a bad call!
S&P500
The
S&P500 is one of the most important Markets we trade with our
Report Service. We only want to share with you a simple fact: why are we
sorrounded by people calling a crash since 2012? Every week we can see
someone saying: a sharp decline is natural now... we are close to a new
crash... the Stock Market cannot sustain this uptrend for any longer...
But
you see, now is 2015, and the S&P500 is still up! Why we cannot
think right in the opposite way people do: the trend is evidently up,
let's follow it, not fighting it!
Even
if our forecast is not expecting any crash NOW, we have precise prices
that help us to understand when the uptrend will be over. In 2015, so
far, 80% or our trades have been LONG positions:
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Best Regards
Daniele Prandelli
e-mail: info@iaminwallstreet.com
Skype:
I Am in Wall Street
High Probability Trading Techniques - S&P500, Crude Oil, Gold, Corn, Soybeans, FOREX, Stocks and S&P/ASX
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