Wheat Market And The Potential Catalysts Building Up
In this video I go over one of my favorite markets the Wheat market and its current conditions and it's developing stories from dryness in the Kansas City Area a major producer of HRW wheat to war torn Ukraine and potential disruptions there. And with a market that is very heavily shorted by large managed money speculators this leaves a market very vulnerable to sharp short covering spikes like we saw today. Overall I would still be careful I am personally am waiting for a retest of the current breakout but with us closing above the 50 day moving average and some potential catalysts beginning brewing I believe there could be opportunities that the majority of people will just shrug off. So stay tuned for more I defiently plan on making more videos about wheat and corn and feel free to message me I am always trying to learn more!
ZW1! KE1! XW1! MKC1! 
WEAT
ZW1! KE1! XW1! MKC1! WEAT 
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.