June Milk made a double bottom today and is showing a possible reversal. Caution should be warranted as this market may not have ended its downside yet. If it goes up, first target would be 15.94
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Milk rose off the double bottom. Looking for 16.13 next target, however we may see sideways trading. Will wait for confirmation if this market can start moving up towards the gap left 3 weeks ago.
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Milk higher still off doji. Still some way from gap. Must breach 16.14 resistance.
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Milk continues to climb towards gap.
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Milk has turned tail and heading south again. It appears it is attempting to find a triple bottom. Nearing C position of a Bearish Bat