Bullish

Wheat is the most bullish commodity at this moment mnit has come out of multimonth consolidation. $5.65 is the level which must hold for upmove to continue towards $7.40 - $8.15 - $9.30. It has closed below 65 DeMa but volume is not that great . $6 is the level below which most of the buyers will exit. It can create such scenario to cut out loose hands.

Chart PatternsTechnical IndicatorsTrend Analysis

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