Weekly Grains, Oilseeds Technicals
Eddie Tofpik | Feb 08, 2018 18:25
Chicago Wheat (Second Month continuous)
The Golden Cross of the MAs last week has finally kicked in this week with another attempt up and out of the December 2017-to-date Bullish Channel (currently 439 and 468). This has been dominating recently; however, if confirmed tonight then we may eye the September high at 482 and then the small November 2017—January 2018. Reverse H+S potential at about 491 and just ahead of the key 50% Fib at 492.
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Weekly Grains & Oilseeds Technicals
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