Wheat is below it's long term trend line, giving it a great opportunity to buy with low downside risk. Good scalping opportunities for any attempts at 552 now or 608 once it moves above into the range of 608-668. Ultimate upside of 1163, just keep in mind where this long term trend line is if it gets up there.
Elevated energy prices will help keep downside risks low.
Good luck!
Elevated energy prices will help keep downside risks low.
Good luck!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.