thanks blu...
very good stuff
its good to zoom out on the wheat charts to realise that the 50 day is quite a ways above the 200 day and though may trade to the 8.50 area yet... it could easily jump a $1.50 really quick as well...
a jump in wheat is very good for corn and soy and soy needs the jump as of yesterday to keep the 50 above the 200...
i heard the drought is growing in the midwest... and that the winter wheat is the worst condition since they started keeping track in the 80s...
that kind of news could give wheat the jump... |