WHEAT long
Updated
Commodity market long therm looks like bulls want to take control, moreover commodities are the best performer out of different asset classes during rising inflation period. On WHEAT I will be waiting for pullback, and then next cycle to the upside targeting upper descending resistance line, looking for the same pattern as in SOYBEAN.
Comment
SOYBEAN CHART
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.