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KC-Chi Wheat A Screaming Deal This Morn
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mtbrights
Posted 6/18/2018 18:03 (#6819966 - in reply to #6819703)
Subject: RE: KC-Chi Wheat A Screaming Deal This Morn


Carter Montana
Simple support has been broken convincingly from my perspective on your chart below. It looks like it will fall to at least the 460 level from the first week of April. Tariff news and rains have me pessimistic. That being said, had I REALLY believed this a short week and a half ago at near the high, I would not have lightened my short position up.
I think your work on commitment of traders positions is the key and will pick the bottom for us. So keep up the good work.....
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