WHEATN2024 ShortWheat price did higher highs, RSI did lower highs, we have a bearish divergence.
Wheat daily RSI is overbought.
Fibonacci extension shows that it can $641, that corresponds to 1.618 Fibonacci.
Also we have the white lines that correspond to current supports, at $650 and $633.
Thank you.
Wheat and Fertilizer Futures: A Cash Cow for War Mongers In this layout I have Black Sea Wheat and Corn, Australian and Ukrainian Wheat, and 4 main Fertilizer (UREA) Futures.
Conflict and Wars are good ways for Financial Institutions like Black Rock and State Street Corp oration to make a lot of money. What better way than to destroy the wheat fields
Black Sea Wheat futures SHORT to $250Futures for Black Sea Wheat are clearly on the downside due to fundamental reasons. Finally, Ukrainian Wheat is transported by ships and also from the Baltic Sea through Poland, Lithuania and Latvia. It is relief for many reasons like global hunger, stabilization of basic food prices etc. Emotion ar
Ukraine is the 2nd largest....supplier of grains to the European Union. Most wheat crops are planted in fall and harvested in July (spring wheat is planted through March and should be largely in in the soil already).
Even though prices are shooting up, the total planted area is still about in line with with long-term trends
WHEAT Futures Long OpportunityProspects for lower than expected acreage in 2019 could help firm the market, but demand still looks modest. Flooding can be an issue in some countries.
The short term trend is turning from bearish to neutral.
Wait for the breakout of 530.
Midnight moves KCWheat futures forced liquidity??Picture perfect stop hunt. Back on the rise? Huge potential here.
600% is the goal :D
1W Channel Up. Long opportunity.1D Channel Up with support at 528.40 within a 1W Channel Up with support (Higher Low) at 510.00. Any of those can be used as stops on longs with targets = 574.20 & 588.20.
WN2017 - July '17 Wheat FuturesAs the market made lower lows, the MACD indicator made higher highs. This is very powerful bullish divergence. Circled is where the MACD crossed over to the upside, further indicating bullishness.
Stops should be placed slightly below the most recent low of 429'4, which occurred on March 31.
Pro
MW1! @ daily @ closed last 8 days higher, while every day
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Closings Bullish (32 Commodities)
drive.google.com
Best regards :)
Aaron
Wheat -- near long opportunityProbably soon there will be nice long opportunity, at least for correction. Closely watching & bought small part for medium term.
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Frequently Asked Questions
The current price of Eastern Australia Wheat Futures (Jan 2026) is 336.5 AUD / TNE — it has fallen −1.61% in the past 24 hours. Watch Eastern Australia Wheat Futures (Jan 2026) price in more detail on the chart.
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The nearest expiration date for Eastern Australia Wheat Futures (Jan 2026) is Jan 16, 2026.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Eastern Australia Wheat Futures (Jan 2026) before Jan 16, 2026.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Eastern Australia Wheat Futures (Jan 2026) this number is 110.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Eastern Australia Wheat Futures (Jan 2026) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Eastern Australia Wheat Futures (Jan 2026). Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Eastern Australia Wheat Futures (Jan 2026) technicals for a more comprehensive analysis.