Wheat Crab Tell us about Talks.Wheat futures remain in a consolidation phase as market participants closely monitor developments in Russia-Ukraine negotiations, which could significantly influence global grain supply dynamics.
Meanwhile, technical analysis highlights a potential bullish signal, with the Crab harmonic pattern su
Wheat Futures Under Pressure – Breakout or Breakdown ?
Higher red bars (selling volume) in recent declines indicate strong selling pressure.
Support Zone: Around 5400-5500 (recent lows, lower Bollinger Band).
Resistance Zone: Around 5800-6000 (upper Bollinger Band, previous swing highs).
A failure to hold above 5500 could lead to another retest of
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Mini-sized Chicago SRW Wheat Futures (May 2018) is May 14, 2018.
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 Mini-sized Chicago SRW Wheat Futures (May 2018) before May 14, 2018.