Today ZC Z2 hit the 7.99 S/R posted before and backed-off a bit. In my opinion ZC Z2 will need to jump that S/R (Overnight ) in order to continue its journey to pluto. Will see how far it will retrace from here before it comes back again for another test. maybe will retrace as low as posted before.
ZC Z2 now trading 7.83
My opinion is solely base on mathematical calculations and does not include or takes into account: weather, broadcasting parrots, USDA estimates, supply/demand, speculation or market manipulation.
The market always has the last word and in due time will show us the way.
g
