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UnknownUnicorn540299
Aug 15, 2019 10:02 AM

Wheat Short

Wheat FuturesCBOT

Description

Bearish till end of August with a possible extension till Latter part of September

Comment

Aug 24 is most likely trend reversal...

Comment

Hence the coming week is where wheat should be demanded in vast quantities

Comment

I want to see 1 more low in wheat this week.
Comments
ARGOS1
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.
UnknownUnicorn540299
@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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