urea price analysis is mosre fundamental than technical. i think its about 3 year floor price and will rise because of (KHARIF) session. there is no action in market for now. lets see what will happen in late may and first half of june
Urea & White sugar prices increased in the commodities market; this price increase will flirt with the bullish fertilizers sect of the EGX. ABUK & MFPC will lead EGX30 to the 30K Bar. SUGAR is TAILGAITING
In this layout I have Black Sea Wheat and Corn, Australian and Ukrainian Wheat, and 4 main Fertilizer (UREA) Futures. Conflict and Wars are good ways for Financial Institutions like Black Rock and State Street Corp oration to make a lot of money. What better way than to destroy the wheat fields/silos themselves and profit at the same time? These markets are...
Tested the 585 and broke below. Long targets identified in yellow. 458/390 likely accumulation range before a return to the upper green triangle.
My deep fundamental analysis of PISS leads me to believe piss will continue to go up and reject resistance with strength. Somewhere, someone, FOMO'd on piss. And people are going to FOMO on PISS again, but when profit is taking/hedges are reduced in size (or new opened higher) the price of PISSSSS will retrace violently. Hey anyone want to join me and pump PISS?...