Been a week since the last chart and it seems like the futures price for Rough Rice has actually gone down.
So what now?
I hope that it will continue down, but it does not seem likely. Which is also the problem with using Elliot Wave analysis on its own, for any asset that is not traded globally.
Kudos to the Japanese people for having an administration that is willing to open up its rice reserves for the good of all. Their stockpile is simply huge.
