trend continuation at market edge 1->3 : number 2 proven buyers
3->4 : return to proven buyers
next ?
*2nd degree bullish divergence
* push through then pull from vwap
* using BB with obv shows 2nd standard deviation for potential buyer intrest prediction
*trendline support buyers obv (freq. shifted )
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Wheat Futures – Quick Update | May 28, 2025Wheat Futures – Quick Update | May 28, 2025
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📈 Overview
Swing low formed at $5.06 on May 13 (capitulation volume spike)
Pullback to $5.26–5.28 now likely completed Wave 2 of a new impulse
Indecision candles (daily spinning top, 4 h dragonfly doji) signal exhaustion of selling
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See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Wheat Futures is 525'0 USX / BUA — it has risen 0.14% in the past 24 hours. Watch Wheat Futures price in more detail on the chart.
The volume of Wheat Futures is 52.77 K. Track more important stats on the Wheat Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Wheat Futures this number is 265.78 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Wheat Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Wheat Futures. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Wheat Futures technicals for a more comprehensive analysis.