$WLD go long

ADX is now 33—above 25 means the trend is strong, not some annoying sideways chop. +DI 26 is pressing down on -DI 14, with bulls in control. In this kind of market, you simply ride the trend.

Long/short ratio is now 2.08. Long accounts make up 67%, and retail traders are also standing on the long side. When there are lots of people, it becomes power—once the sentiment turns on, it turns into a trend-following move.

Support & resistance: The prior high resistance above is at 0.5890. Current price is 0.5636, so there’s still room to run—enough for a while. Downside: prior low support at 0.5265. Only if this level breaks down does it count as the situation truly turning bad.

Entry: 0.5537–0.5659
Take profit 1: 0.5793
Take profit 2: 0.5877
Stop loss: 0.5514

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