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Jan 24, 2022 9:43 AM

MORE UPSIDE ON WHEAT, INTRA-DAY - ELLIOTT WAVE  

Wheat Futures (Mar 2022)CBOT

Description

A five-wave rally on wheat (March 2022) from 737 lvl. on the intra-day chart makes a bullish sign, and suggests more upside, once current a-b-c correction fully unfolds. Correction can be a complex one, and can look for support at the 770/761 region, where wave iv and Fib. ratio of 0.618 sit.
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