Wheat , Corn & Cocoa
Dec Wheat: Trend is down but 348 is very strong support!! Also Open Interest seems to be shrinking which might abate further selling of longs. I agree with you all (Andreas, JohnnyT, Ianshep) that WZ3 can gop much lower but I do want to see a breach of 348 support.
PS. Andreas, i don't see the divergence in MOM and MACD. My charts show that they are not lower than at the previous price lows but those were much lower than today.
DEC Corn: What a sell-off!! As long as support at the 223- rising window at 223-226 holds, I can still see another leg up.
DEC Cocoa: idem above. Interesting to see OI dropping from 33k to 27k in past 6days! Is CC bottoming?
PS2 How does one upload graphs? I am using eSignal.