the_sunship

Wheat, onward and upward

Long
the_sunship Updated   
CBOT:ZW1!   Wheat Futures
I'm quite sure the first micro leg is finished and the next leg should get the media's attention. Over 860 and longs will likely pile in, as that has been strong resistance for months. Watch for grain reports for the "reason for the move" . www.nass.usda.gov/Pu.../reports_by_date.php

Good luck!
Comment:
there she goes
Comment:
they have sold it down all day, concerning. Under 820 again and it's something else and I'll get out of the position. Should know by EOW what's happening.
Comment:
Could be a pullback from the bottom - ABC then higher. We'll know soon.
Comment:
Correction looks finished on wheat - weat etf now into the 9s

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