AEV 0.00% 1.1¢ avenira limited

mak and grain charts if interested, page-4

  1. 5,382 Posts.
    G'day
    Sorry saracen I missed your reply before.
    Here's another look at the charts, not much change in wheat but corn and barley showing some nice divergences and a bounce. I was half expecting that which was the inspiration for the first post.
    I've cleaned up the mak chart a bit and added a another set of support and resistance lines. There's support crossing another trend by the looks with not much joy for holders. Longshot would be a possible falling wedge that could see a snap back to the gap at 52 that saracen mentioned. I doubt it but you never know. We just have to watch and wait, the market keeps adding to the picture
    cheers
    Rod


 
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