Market Overview

Technical Forecast for Wheat

Technical Forecast for Wheat


Wheat for December now testing recent lows at 667. A break lower in this bear market cannot be ruled out and in fact looks likely. This could target 660/59 then 654/53 today.


If we manage to hold on to 667 we may struggle back to 670. Above here is less negative & may allow a test of 675/676 but no higher today we think.

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Posted-In: Technicals Commodities Markets Trading Ideas


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