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Kumowizard
Aug 1, 2014 2:07 PM

WHEAT - Reversal. Time to buy? Long

Wheat FuturesCBOT

Description

I should have put 4 Hrs chart on, but unfortunately here I have only EOD data. Anyway from daily chart everything is clear. Tgts may be 570 / 585.

On 4 Hrs time frame it is just about to give a bullish Kumo breakout signal.

p.s.: My beloved Corn is not following this agri move at all. Hopefully it will start moving up too, but Corn is still trading at its lows ard 354-355. In Corn 4 Hrs reversal signal is still far away.
Comments
A-shot
I think it is following now?
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