Wheat - Mar $4 Support?

CBOT:ZW1!   Wheat Futures
126 3
Bulled up... just a matter of weather* $4 support holds or we drop down to 3.5 levels
Trend line resistance erroded
Mar 30
Comment: Back to 2001
Mar 30
Comment: Flipping it on it's head doesn't appear to convey the same bullish message... little perplexed what I've messed up on this chart for it not to mirror above
Mar 30
Comment: Still hoping for sub 410...
Could play out similar to this?
May 01
May 03
Comment: 2nd month chart
May 03
Jul 31
Comment: Looking to add on this dip
Sep 01
Comment: Time to fill our boots
Sep 29
Comment: Closed out long. H&S set up ... hopefully we get sub 4.15 to load up
Oct 13
Comment: Still hoping eventually for sub 4.10 but short term rally could be setting up.
We are at 23.6% retracement

and inverse H&S set up
I am bullish with you...longed today at the low (lucky) based on a small bat pattern completing in the range of this larger bat pattern (re-test of the larger bat pattern as well). I am going to move stops to breakeven after a few dollars in case there is another wave down before we go up. Good luck Genghis.

Genghis Market_Gadfly
@Market_Gadfly, good luck chief
hangseng Market_Gadfly
@Market_Gadfly, yes, following too :)
+1 Reply
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