Posted 7/17/2020 11:36 (#8379246 - in reply to #8379158) Subject: RE: July 21 wheat CBOT
Wheat is breaking out. On your July21 you can see where it cleared the pivot of June20, this will be a temp little pullback slight pause...price will travel up to test the 5.67 area and may put in a reaction high there, but I am looking for contract highs. Probably close to the $6 area, according to the reaction lines.