CBOT:ZW1!   Wheat Futures
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Bearish till end of August with a possible extension till Latter part of September
Aug 21
Comment: Aug 24 is most likely trend reversal...
Aug 23
Comment: Hence the coming week is where wheat should be demanded in vast quantities
Aug 26
Comment: I want to see 1 more low in wheat this week.
You know it's funny. One would think wheat could not get cheaper but it has not broken the long term trend line. China has loss of pork and crops. Even I am having trouble finding abundance of some produce.
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Viking83 ARGOS1
@ARGOS1, Poor farmers. But hey, they are coming back strong soon enough. I see people multiply by a higher rate and there is limited space on this planet, hence demand should increase for wheat soon enough.
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