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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures
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To: Joan Osland Graffius who wrote (12295)8/25/2014 11:54:46 AM
From: Chip McVickar  Read Replies (1) of 12410
 
Wheat monthly charts have been controlled by a downwards Andrews pitchfork since the high on Feb 1 2011
Wheat spot monthly chart... shows it bounced off the median line at 518
Plus there's a positive divergence off RSI

Wheat and Corn do seem worth buying as well... at least for trading in and out
...think I'd take my profits

I'm still long Coffee on weather and technicals... but I've had to be patient
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