LEONES
Long

Wheat seasonal low

CBOT:ZWN2013   WHEAT FUTURES - ECBT
319 9 1
Wheat             often makes seasonal lows in early June. It seems is coming out from a tight consolidation around the 700.0 level (20EMA). Target would be 739.0 at the median line , also late march high - possible resistance.
Low confirmed today:
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Position closed. Wheat trading lower.
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great battle today bulls won
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Will be interesting to see how Wheat plays out.. I'm short on July Wheat Futures with 650 as target. Stops at 708. Entry at 692.
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650 area would be great. One more significant drop and we have triple divergence and would move fast to the upside later this summer.
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LEONES justatrader
john i thought you were a bull!
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Near term bull... later bear
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Here is a look at a chart in progress. If you thought my other charts had too many fans, your going to really like this one. I think it has too many fans and I am having a hard time making any sense of it. But I'll keep looking anyway.
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Excellent find. Fisher Rabbit ears with 5/34/100 merger and TRIX-CCI divergence
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