Teucrium Wheat Fund ETV

WEAT NYSE ARCA & MKT

ozwald

stop 5.7

Visionary

Futures: specifically, uranium, commodities (soy, wheat, corn, etc.), precious metals (I know this is a commodities too LOL; silver, gold, copper), gas/oil are extremely sensitive to inflation.

FocusWithin

I am convinced it has bottomed. Volume is historically high with big money stepping in. RSI is showing strength with bullish divergences. Expect a faster rally compare to long historical downward trend to all time high. Please like or comment. Thanks for reading

bossmodetrader

Looks like WEAT is putting a base in. Definitely not something you'd want to trade but buy and hold seems appropriate.

JoeHayes

www.newtraderu.com Reference link for data points matching a clear Wyckoff Accumulation occurring in the wheat market (WEAT). This would spell for some much higher food costs in the coming years. Fits narratives of inflation worries in the coming months/years.

Gao_Capital

$WEAT breaking out of long term downtrend, formed big base-double bottoms, now price finding support at $6.

IPOs_Only

Why is my grocery bill so expensive?!

curazguy

Beautiful 3 drive set up being developed. I'm worried about Shorting an ETF that could go out of business so I'm neutral. Grains look sour so sit back and wait for a historical entry. Scroll back and look at the symmetry. MACD divergence developing. There is an entry LONG at the expiration of large ABC, or the 1.27/1.61 of smaller Gartley, or finally the...

sdeeds5955762890444596

Store shelves have been bought out of bread and flour as people prepared for the pandemic we are in. Is wheat overpriced because of an unexpected demand?

MikeSans

BLUF : Commodities Long...Play it anyway you want but I like the upside potential and Risk Range(s) of this play, easy to leverage gains/losses....great structure...Let's See What Happens? TW DEAL 15th, JAN Option Friday...get the pullback once your triggers are pulled w/in your range, leverage your risk then sit back and watch!

tommyboxfx

In the longer term, WEAT can have a strong price again!

plusplus

Stop loss: $5.35 Risk Reward: 2.24 Target $6.81

JusWes

Average is about $5.35, could be a double bottom here, still looking for wheat to go a lot higher in the future.

JusWes

Needs to bounce above the short trend line, i still see this going up long term bc of all the flooding in the midwest.

JusWes

Very interested to see if it dumps again.

JusWes

will be watching, also have shares of $WEAT. I see a bounce in the future due to what's going on in Nebraska and other states that grow a lot of wheat.

JusWes

Interesting spot here, lower consolidation with a possible IHS.

chaching23

another bottom setting up in a commodity here. long on 3 day high