Selling the rallies in Wheat Features $ZW_F

The video below is a short capture from Strategy of The Day video presented to members on 12th July 2016. EWF Senior Analyst Daud Bhatti was presenting Elliott Wave setup of Wheat Futures $ZW #F, forecasting further decline and suggesting selling the rallies from precisely determined technical area: 450’1-456’3 against the invalidation level: 466’3. The day after, Wheat Futures reached the proposed selling zone and made the decline from there, making new low on 20th July.

Update charts and expected future path of $ZW #F can be found in the membership area of EWF. ( If not a member yet just sign up for 14 days Free Trial)

 

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