mikemo81
Long

Wheat Bottoming?

CBOT:ZW1!   Wheat Futures
Looking to go long wheat via ETF . EW suggests wave 3 of 3 starting. Could be massive. Great risk/reward at this point.
Comment: Appears to be in a complex Elliott corrective move, perhaps a WXYXZ pattern, suggested by overlapping price movements since the 52 week highs. Still looks promising.

Comments

Fascinating work. Is this still a go? Thank you!
Reply
@Bo, more complex than first appeared, but a sustained move higher is still in the cards.
+1 Reply
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