Wheat (Smoke Wheat Everyday!)

View On WHEAT (20 JUNE 2020)

The selldown on the wheat price may overdone and now we are still the sideway movement on the wheat price.
This may be a clue for the potential return of bullishness. But it may take some time.

I am buying in slowly with the small lot sizing.

Let's see


DYODD, all the best and read the disclaimer too.
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Comment:

Update View On Wheat (30 JUNE 2020)

Comment:

Update View On Wheat (30 JUNE 2020)

We are seeing a nice two-days reversal in wheat and it is a sign of the bottom is in. (at least for now)

It can swing back up to $4.9-$5 regions.

Comment:

Update View On Wheat (9 JULY 2020)

Did you follow our analysis on Wheat?
Congrats.
It hit $5 as we expected.

and it is gonna go higher. It is better to stay on the long side. $5.5 shall be next.

Comment:

View On WHEAT (4 AUG 2020)

We are seeing the weakness in this instrument in the current time horizon and it is not advisable to buy in at the moment as there is no bullish price action.

$5, level will be good support.

Let's see