Posted 7/8/2020 16:35 (#8361735 - in reply to #8361600) Subject: RE: What happened in Chi wheat today
SE Iowa
Its a blow... 5.22 z res. Pent up fund shrts looking for harvest bottom to cover.. see how shallow the correction is to know if it has legs or not. 5.17 some ma see if that holds... if not then I would guess a test of brk up pt or gap above 5.22 next be 5.50 ish... above that a test of contract highs 5.99 1/2.