Comments on the chart. A break of 422.50 on this chart, the low of the last bullish candle should help this idea a lot
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Bearish close today. Closed right on support. We need a break of this support area to give confidence to the idea
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Price has broken support today and the idea is well in play
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A rally attempt was made today but it fizzled out by the close of day. Corn rose, soybeans rose, oats rose but wheat fell. This commodity is following its own fundamentals and is bearish. It is due for a correction but it might just turn out too be a better sell position.
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The expected correction came today. Whether it is done remains to be seen. I am still bearish