Major bull trend in Wheat? Buyer of dips
has a major bull trend in Wheat begun? I will be a buyer of dips moving forward in this market.
Comment:
Set an alarm for 4.5
Comment:
As expected the WheatUSD had pulled back to 4.5 after the breakout.
the chart below is the weekly back to 2004.
IMO after the 2006-2008 up trend is can see a complex ABC correction to the low at 3.5.
IMO we are at the bottom of wave 2 of 5.
HUMAN POPULATION NEED FOOD!
the chart below is the weekly back to 2004.
IMO after the 2006-2008 up trend is can see a complex ABC correction to the low at 3.5.
IMO we are at the bottom of wave 2 of 5.
HUMAN POPULATION NEED FOOD!