WHEAT is on accumulation mode at the moment. The prospect for a big price shift is very high from a weekly perspective.
A revisit to 1k levels is possible within the year.
SEEDED L at 674.0
TAYOR.
A revisit to 1k levels is possible within the year.
SEEDED L at 674.0
TAYOR.
Trade active
Wheat is up by +2.64% so far.weekly data conveying higher lows formation -- and a notable net positive buying volume for the current week, the first net positive volume since February 2023.
Expect price growth continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.