analysis of te chart of the wheatdo not purchase until we broke the rectangle contact for informationsby adamlouafi1
ZW to SELLChart patterns and other technical analyses indicates that we have a big probability that ZW will fall.Shortby senkouss5
It's Friday, just take profit from yesterday signalThe market did exactly what we expected yesterday, as we see the strong down trend resistence push it to DOWN. Just take profits, have a good week end ! See you on Monday !by HSAINI_KAOUTAR336
Wheat Futures have broken out the top of an ascending triangleI expect a retest of the breakout level then bounce, or I just proceed up to the targetLongby dannyb8881
ZW Down ?In my opinion, and due to my technical analysis I see an upcoming strong sell from this pointby HSAINI_KAOUTAR7
Separating the Wheat from the...Corn?We like being long $ZW_F vs. short $ZC_F as both a short-term trade and and longer-term play. Corn has experienced a resurgence thanks to the huge rally in $CL_F prices while wheat have found rock-solid support at $490 per bushel and reclaimed an uptrend line going back to last March. Ratio should be 3:2 in favor of corn contracts.Longby Apollo421113
WHEAT FUTURES (JUL 2020) if you like the idea or have any opinion on it ,write on the comments ;I will be gladLongby Gold_Experience4
Bounce From Support and Breakout from Downward Channel495-500 level proves to be a strong buy level and thus support, which it has bounced from in the past. (Outlined by green shaded line). When Wheat is trending in one direction it typically remains within an upward or downward channel as you can see historically, as well as outlined by the shaded blue channel. As you can see, it has recently broken out of this channel. These factors could mean a good trend reversal (long) setup, also with a good risk/reward if it goes to test the 580 resistance levels as it previously had. What are your thoughts?Longby PerryWave6