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ZWN2013 Commodities Futures Chart

 

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LEONES LEONES PRO ZWN2013, D, Long ,
ZWN2013: Wheat seasonal low
318 9 1
ZWN2013, D Long
Wheat seasonal low

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.

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