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WHEAT FUTURES - ECBT

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ZWH2015 Commodities Futures Chart

 

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Trendingup101 Trendingup101 ZWH2015, D, Long ,
ZWH2015: Is March Wheat finally turning around?
37 1 0
ZWH2015, D Long
Is March Wheat finally turning around?

Wheat has been in free-fall since Dec. 19. After a strong buying day on Monday, sellers are keeping the price clamped down right at the 9 day EMA. This is one to watch as it's setting up for a possible rally if it can break through that resistance line.

LEONES LEONES PRO ZWH2015, D, Short ,
ZWH2015: WHEAT below trendline - revesal
67 4 4
ZWH2015, D Short
WHEAT below trendline - revesal

Wheat (ZWH2015) is trading below trendline and showing a reversal pattern. Selling at market (567'0 and targeting 536'0 by the 13Jan2015. I see weakness in the grain market (corn/wheat/oat)

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