Teucrium Wheat Fund
Long

Wheat Reversal

104
It looks like the price of Wheat has finally reversed out of a long term sinking wedge. Following a multi year low, price action is now in a rising channel. I bought at the red line (8.74). So far trade has been successful. Unless something drastically changes in the commodities market or price breaks below the bottom of channel I'm going to keep holding this. You can't see it on this chart but there is long term bullish divergence on price and RSI. I think this is just the beginning of a long-term price reversal

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