P314159

hour ZWZ short below 570 SQ9

CBOT_DL:ZWZ2023   Wheat Futures (Dec 2023)
Day view, hour frame.
Shorting below 570 SQ9 level, only after market open at 15h30 UTC+1 and if below 570 is confirmed.

Reasons:
- on a very wide view, d ZW1 Elliott master trend counting seems to be askng for new lows

back to today ZWZ hour frame:
- we are below Pivot level 579.50
- Yellow asc 1/1 as bull support brokne at friay open, confirmed so far with overnigth session
- Yellow desc 1/1 could be reached today after open at conjunction of other Gann line crosses and SQ9 level of 563.25 which is today conservative short target.

end session ends this proposed idea.

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