WHEAT: BOUNTIFUL HARVEST SOON... if you seed at the current price range.
KEY NOTES:
WEEKLY DESCENDING TRENDLINE BREAKOUT.
Monthly shifting price lines. HUGE HINT!
Weekly histogram higher lows.
MONTHLY HISTOGRAM SHIFT -- CLOSING UP TO BREAK SOON.
SEEDED LONG (long term) 628.0
TAYOR.
Safeguard capital always.
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RELATED NEWS:
WSJ ARTICLE:
Severe Drought Stunts Great Plains Wheat Crops
Harvest in nation’s breadbasket forecast to be the worst in 60-plus years
June 17, 2023 10:09 am ET
KEY NOTES:
WEEKLY DESCENDING TRENDLINE BREAKOUT.
Monthly shifting price lines. HUGE HINT!
Weekly histogram higher lows.
MONTHLY HISTOGRAM SHIFT -- CLOSING UP TO BREAK SOON.
SEEDED LONG (long term) 628.0
TAYOR.
Safeguard capital always.
-----------------
RELATED NEWS:
WSJ ARTICLE:
Severe Drought Stunts Great Plains Wheat Crops
Harvest in nation’s breadbasket forecast to be the worst in 60-plus years
June 17, 2023 10:09 am ET
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We're back at 700 level, first time since April 2023.Trade active
MACRO VIEW: MONTHLY DATAThis should be a no-brainer. SEED, SOW, HARVEST.
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CHRISTMAS Season will be generous for WHEAT holders.Trade active
MICRO VIEW: 2H UPSIDE CONTINUATION after minor correction.Trade active
4H UPDATE: WHEAT did a "back-to-tarmac" event before flight. The correction was a last-chance call before a longer-term price trend shift.Consistent higher low creation on 4h.
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MACRO VIEW: WEEKLY DATA update:Wheat intended direction is firm. UPSIDE.
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UNITED NATIONS/MOSCOW, July 17 (Reuters) - A deal allowing the safe Black Sea export of Ukraine's grain for the past year expired on Monday after Russia quit and warned it could not guarantee the safety of ships in a move the United Nations said would "strike a blow to people in need everywhere."Trade active
Congrats holders, wheat at 725 now.More price growth incoming.
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4H update:UPSIDE continuation in order.
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4H Update: BUY THE DIP.RE-SEED for upside continuation.
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Daily data update:Back to strong base. Expect some significant bounce from here on.
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4H Higher Lows + DAILY trend shift.TAYOR.
Note
will attempt upside reversal.Trade active
Support is firming up for WHEAT at 585-590 range. An ascend attempt is expected from hereon.
TAYOR.
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Monthly data update:We got a price shift already on the monthly metrics, first time in ages. This is a huge hint already of things to come.
A reversal to upside is in play already.
TAYOR.
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We got a Breakout based on our weekly metrics.Expect more series of price growth from the current range.
Long term upside reversal has commenced.
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LONG TERM DATA metrics is hinting of a MASSIVE Price growth in the next few months / years.TAYOR.
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so far so good.Trade active
We've added almost 10% from our spot.More price growth is expected.
TAYOR.
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It has risen more -- as expected.Trade active
More ascend awaits WHEAT based on the recent metrics.Trade active
WHAT A BEAUTIFUL AND BOUNTIFUL HARVEST.Here's our latest chart update: You can check our May 1 post for reference.
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WHEAT'S looking healthy.700.0 now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.