TEUCRIUM WHEAT FUND ETV AMEX:​WEAT

Finally backflip above the CL (yellow). Now it looks like a parabolic move. Let's see if we can reach the U-MLH or at least the shift (white dotted). P!

Higher low, positive technicals make wheat a buy some time very soon

SMA cross + over 200 day sma

Heating the demand line at the fib level, I expect it to bounce higher from here.

With this trade you where able to see multiple months, how I approach the markets and how I use the Forks to get information in advance. Here is you link to the whole thread and you can go back in time and watch how it worked out: https://www.tradingview.com/chart/WEAT/yekBrgHl-WEAT-Potential-to-turn/ And don't forget to get your ForkTrading BLUEPRINT. It's ...

Wheat breaking out over the 50 week moving average. Volume seems supportive of trend developing. Will add on a 10%

$ weakness, fundamentals people have got to eat! http://www.macrotrends.net/2534/wheat-prices-historical-chart-data though the 6,50 level and hold... sell int first test of $6.8 more buyers have entered the market Trend is not sharply up so there are sellers, but these are being cleared out.. hence the price rise.. consolidation just over the 6,50 level then the ...

Since my last video post, price banged it's head precisely at the L-MLH and fell back to the virtual Centerline (red-dotted). This is no surprise, because more often then not, we see test/retest after one of the Fork's lines are broken. At this time, price has a good chance to turn trend, since it's stretched and most of the longs have puked out the last ...

In this video I explain, why there's a good chance that the drag could be over. I talk about: - Forks ...of course ;-) - Action/Reaction - Weekly/Daily Charts - Drag & Pressure P!

Current prices are near previous lows. An increasing MACD and RSI indicates build up for a long opportunity. Higher highs and higher lows have formed in the weekly chart for Wheat, signalling recovery from the long term downtrend. For confirmation; 1. increasing MACD histogram - Check; 2a. overbought RSI levels - Check; and 2b. increasing RSI levels - ...

I think there's a significant probability that the bottom of the recent correction in Wheat is in. I'm holding longs and now added my final entry a tad lower than this. I expect a rally back over the recent highs very soon. The crops this year suffered due to a significant drought in the regions where wheat is produced in the US. I think it is likely that this ...

WEAT hitting resistance on the model.

It's not a question "if" forks work or not. You better ask: "How can I make them work for me". Watch the multiple entry points. Then watch, where you have logical targets. P!

WEAT receiving lift after retesting the 200 DMA. MACD crossed, stoch RSI trending up, SQZMOM bright green.

From Monday watchlist. "Old man trade" $WEAT up 4% on the day. 20 MA coming through the 200 with price above... even this slow motion mover got some lift from it. Not holding my breath, but super bullish if it works into the green triangle.

Momentum says this is at least a ST/MT double bottom. Risk reward is compelling.

Price on daily about to cross 200 ma. 20 ma about to cross 50 ma.

Downward trend broken. Price about to break through 200 MA on daily, with RSI, MACD and SQZMOM trending up (also on weekly). First resistance at about $8.95. Not sexy stuff, but low downside risk :)