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simple_don
Jun 18, 2017 12:22 PM

Major bull trend in Wheat? Buyer of dips Long

WheatOANDA

Description

has a major bull trend in Wheat begun? I will be a buyer of dips moving forward in this market.

Comment

Set an alarm for 4.5

Comment

As expected the WheatUSD had pulled back to 4.5 after the breakout.

the chart below is the weekly back to 2004.

IMO after the 2006-2008 up trend is can see a complex ABC correction to the low at 3.5.

IMO we are at the bottom of wave 2 of 5.

HUMAN POPULATION NEED FOOD!

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