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bitofamacroman

WHEAT - SHORT

Short
Wheat Futures (CBOT:ZW1!)  
bitofamacroman Updated   
CBOT:ZW1!   Wheat Futures
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
A big lower high put in. LT Uptrend has changed, a nice pattern being made on the lower time frame. So this all fits the deflation scenario quite well and we are making the trade. SL TBD but probably above the highs yesterday.
Comment:
SL recent high or a bit above depending on risk tolerance. Everything is playing out as expected
Comment:
Never updated this, trade was stopped out long ago for a small loss

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