Orange juice still appears to be working on a wave 2 on the weekly chart that could extend as low as 115. I believe that the 97.10was the larger wave 2 low and if this is correct we should not see a price break under this level. Here is a weekly chart for your viewing pleasure.
Price targets for OJ if this set up holds true and we see a break over 226.95 sets up the wave 3 higher to 359 n change.
My disclosure: I have no idea where these markets may go and these are just my opinions and should be taken as Just opinions and not fact!!!!! futures trading involves a high level of risk.
My disclosure: I have no idea where these markets may go and these are just my opinions and should be taken as Just opinions and not fact!!!!! futures trading involves a high level of risk.
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