Set the Controls For The Heart of the SUN Message Board

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Strategies & Market Trends : Set the Controls For The Heart of the SUN

IQ 1.840

-1.6%

Dec 19 3:59 PM EST

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From: Doug R	1/24/2020 8:09:59 PM
	of 1156

Wheat futures is not like share prices of equities. The pattern does not apply...but it's there so far. If the first reference high is valid, the 2nd one is a MIM. The 2nd RH would be valid regardless. Two old highs to choose from for the MDTL. But, the pattern doesn't apply to ag futures. And that 0 print back in May 2008 has the effect of squashing the chart. Unsquashed:

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