$WLD Watch the long opportunities. There are too many people shorting out of panic right now; shorts are too crowded, and going long actually looks cleaner. Although the daily chart has pressure, the bullish setup on the 4-hour timeframe is still in place. The price at 0.38420 to 0.38540 shows signs of a rebound. Take a look at the 15-minute chart: the RSI is around 56, so the buyers may still have room to push higher, and the volume also shows that real buy orders are coming in. You can watch resistance around 0.38940 and even 0.39710. The defensive level is roughly 0.37870. Don’t chase too aggressively—manage risk carefully.

WLD0.31%
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