Wheat is catching up !!!I will keep it to the point- So we re in Subwave 3 of Major wave 3. Wave 1 was a diagonal Wave 2 Retraced .50 Wave 3 in progress - subwave 1 complete subwave 2 Retraced .618 Subwave 3 just started Wheat has a lot of catch up to do compare to others as below:- Longby UnknownUnicorn10209036444
long position I am convinced it has bottomed. Volume is historically high with big money stepping in. RSI is showing strength with bullish divergences. Expect a faster rally compare to long historical downward trend to all time high. Please like or comment. Thanks for reading Longby UnknownUnicorn10209036Updated 442
WEAT - LONGFutures: specifically, uranium, commodities (soy, wheat, corn, etc.), precious metals (I know this is a commodities too LOL; silver, gold, copper), gas/oil are extremely sensitive to inflation. Longby Visionary2
WEAT Looks like WEAT is putting a base in. Definitely not something you'd want to trade but buy and hold seems appropriate. Longby bossmodetrader443
WEAT Wyckoff Accumulation. www.newtraderu.com Reference link for data points matching a clear Wyckoff Accumulation occurring in the wheat market (WEAT). This would spell for some much higher food costs in the coming years. Fits narratives of inflation worries in the coming months/years. Longby JoeHayes5
Shortages of all grains incoming !! Alert !! $WEAT breaking out of long term downtrend, formed big base-double bottoms, now price finding support at $6. Longby Gao_CapitalUpdated 2
LONG Wheat in Oct 2020Beautiful 3 drive set up being developed. I'm worried about Shorting an ETF that could go out of business so I'm neutral. Grains look sour so sit back and wait for a historical entry. Scroll back and look at the symmetry. MACD divergence developing. There is an entry LONG at the expiration of large ABC, or the 1.27/1.61 of smaller Gartley, or finally the perfect 3 Drive drawn in green. Please share any ideas related as I am happy to consider other info/views. Super trading everyone!by curazguy4
Is wheat priced because of panic buying of bread and flour?Store shelves have been bought out of bread and flour as people prepared for the pandemic we are in. Is wheat overpriced because of an unexpected demand? Shortby sdeeds59557628904445961
WEAT/Commodities - LONGBLUF : Commodities Long...Play it anyway you want but I like the upside potential and Risk Range(s) of this play, easy to leverage gains/losses....great structure...Let's See What Happens? TW DEAL 15th, JAN Option Friday...get the pullback once your triggers are pulled w/in your range, leverage your risk then sit back and watch! Longby MikeSans3
$WEAT Possible double bottom here, still holding shares.Average is about $5.35, could be a double bottom here, still looking for wheat to go a lot higher in the future.Longby JusWes2
$WEAT My average in here is 5.37, needs to get above small trendNeeds to bounce above the short trend line, i still see this going up long term bc of all the flooding in the midwest.Longby JusWes1
$WEAT needs to stay above bottom trend line.will be watching, also have shares of $WEAT. I see a bounce in the future due to what's going on in Nebraska and other states that grow a lot of wheat.Longby JusWes0
WEAT Long H&SBack form my summer holidays Potential long on WEAT: Bullish cloud Bullish TK cross Lagging span above price cloud support Potential H&S forming Learning the Ichimoku time theory so day 17 could be influential. Longby JW12341
Long set up WEAT$WEAT (wheat ETF) setting up for possible break of downtrend on monthlyLongby chaching231
WEAT long idea (NYSE)Wheat ETF set up on the monthly. waiting for breakout of long term downtrend. $WEATLongby chaching231
WEATAMEX:WEAT Hi, I'm just a beginner in the technical analysis. Until jun 5th I thought I've found ascending triangle, bit then it was broken. Now it seems that the pattern is channel up. I'll be happy to get comment / remarksLongby oren.teiblumUpdated 2