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
Trade attivo:
We're back at 700 level, first time since April 2023.
Trade attivo:
MACRO VIEW: MONTHLY DATA
This should be a no-brainer. SEED, SOW, HARVEST.
This should be a no-brainer. SEED, SOW, HARVEST.
Trade attivo:
CHRISTMAS Season will be generous for WHEAT holders.
Trade attivo:
MICRO VIEW: 2H UPSIDE CONTINUATION after minor correction.
Trade attivo:
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.
Consistent higher low creation on 4h.
Trade attivo:
MACRO VIEW: WEEKLY DATA update:
Wheat intended direction is firm. UPSIDE.
Wheat intended direction is firm. UPSIDE.
Trade attivo:
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 attivo:
Congrats holders, wheat at 725 now.
More price growth incoming.
More price growth incoming.
Trade attivo:
4H update:
UPSIDE continuation in order.
UPSIDE continuation in order.
Trade attivo:
4H Update: BUY THE DIP.
RE-SEED for upside continuation.
RE-SEED for upside continuation.
Trade attivo:
Daily data update:
Back to strong base. Expect some significant bounce from here on.
Back to strong base. Expect some significant bounce from here on.
Trade attivo:
4H Higher Lows + DAILY trend shift.
TAYOR.
TAYOR.
Commento:
will attempt upside reversal.
Trade attivo:
Support is firming up for WHEAT at 585-590 range.
An ascend attempt is expected from hereon.
TAYOR.
An ascend attempt is expected from hereon.
TAYOR.
Trade attivo:
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.
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.
Trade attivo:
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.
Expect more series of price growth from the current range.
Long term upside reversal has commenced.
Trade attivo:
LONG TERM DATA metrics is hinting of a MASSIVE Price growth in the next few months / years.
TAYOR.
TAYOR.
Trade attivo:
so far so good.