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djmcountryboy

Posted 8/9/2010 22:31 (#1308355)
Subject: For the wheat bugs

Mascoutah, Illinois

I would believe September wheat trades down to $6.48 before it bounces higher. If it fails at $6.48, run like HE77. $6.48 is the 50 percent correction from the June 30 low and last week's high.

$6.94 will be the first critical test in September. Failure at that level would put $6.48 in play.

Edited by djmcountryboy 8/9/2010 22:40

For the wheat bugs - djmcountryboy : 8/9/2010 22:31
- if your right djm - Tara Farms : 8/9/2010 23:12
  - Re: For the wheat bugs - ZFS-Jeff : 8/9/2010 23:32
- RE: For the wheat bugs - TG56 : 8/10/2010 06:03
  - RE: For the wheat bugs - djmcountryboy : 8/10/2010 20:38

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