Wheat Long analysisWheat looks like a inverted head and shoulder. If you are looking for swing trade the target is 608.70 on the break of 557.14
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Navigating the Temporary Rebound in Wheat PricesWheat prices have recently strengthened, supported by a surge in exports. However, the upcoming main harvest season is expected to boost supply significantly, which may lead to oversupply and downward pressure on prices. This dynamic presents a compelling opportunity for astute portfolio managers to
Wheat Futures - Bump to 593 and Possible BreakoutWheat has a solid base at ~540. Every time we have pushed to or above the red down sloping trendline we reverse to this level. This has formed a triangle that is reaching a decision point that may yield to a breakout of this low level and a push above the 600 level. Given that the price has held fir
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.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Wheat CFD is Aug 28, 2025.
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 Wheat CFD before Aug 28, 2025.