hehe
Long

$WHEAT - Mirage or Stampede - in search of the bottom.

CBOT:ZW1!   Wheat Futures
387 0 7
A few things:

... on Monday we have #notrading day in #Chicago.
... often in the triangle wave "e" is ...a triangle.
... the chart above is a only continuation graph.
... every year we have five contracts for wheat:

1. March - "H" :

snapshot


2. May - "K":

snapshot


3. July - "N".
4. September "U".
5. December "Z".

Considering the above, you should look for bottom on the July contract in the area $417-405. Last trading day of this contract is 14th of July.

If I'm wrong - let the Gods help us.

GL!

http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/wheat.html


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