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US Wheat Futures - Sep 24 (Wc2)

CME
Currency in USD
Disclaimer
706.75
-7.00(-0.98%)
Delayed Data

US Wheat Futures Discussions

Gap at 650….
630- 590 here we go. They don’t want To lose the 620.….👁️👁️💢💢
never been so easy….
640- 590 here we go. They don’t want To lose the 615.....💢💢🚫🚫🌶️🌶️
Surprised to see so much bearishness in here. The funds are still net-short this stuff. Sometimes positioning and trend is all that matters, even if supply concerns clear up. There was certainly a large number of bullish developments as the price slumped over the last few years. The same can happen on the other side. Still so much geopolitical and war risk out there though. Wheat still too cheap at 680-720. Stockpiles still historically low. Powder keg. Return of Maks Mars also historically bullish indicator (lol)
you are wrong since when i m silent it means i m quiet and relaxed with my longtime etfs bag trapped long with this junk….
losing 700 is more of a psychological barrier. 690 plus is otherwise not a bad level.
It is likely to increase to 750 in one month
Some support at 680-683 area as well
650 - 620 here we go. They don’t want To lose the 700.
Sleepy Joe just tweeted cheap food for all lol
Flash--Crash To Rts 615🚷🚷🚷
Are you alive bro ?
Rusagrotrans forecasts wheat exports from Russia for 2023/24 at 54 million tons (53.1 in the previous estimate). In May, exports are expected to reach 4.4 – 4.5 million tons (4.2 in the previous estimate and 4.28 in May 2023).
Not possible To Pass 700
maybe will consolidate first 620 then 800 or even higher lol
What about the 380 gap?
it will but hopefully not now lol
Flash-crash to 620 ?
need to average my etfs lev3 bag unless it keep surgin up to almost 800$ lol
720 is par value. It will be reached by the start of next week
Yes but i need 785-790 to close my longtime trapped bag…..
Wheat exports to Russia forecast at highest in history Merchant News Desk May 28, 2024 Wheat exports to Russia this marketing year will double from 10 years ago Photo: News Reuters...
Lets see if the gap gets filled today
This should come down within week, atleast for 50 dollars. Lets see
a possible correction towords 670 or 640 ...
No
No way this 700 come on! Ugly ugly
This was the end for us, bulls. Nightmare!
Looks like the wheat market doesn't know what to do....plenty of sellers around $7 after 27% (!) rally. But what about Russian crop Is everything priced in, and we need below 80 mmt figures to encourage bulls...hmm.
a close below 613 will be argently🌶️🌶️🌶️
sell high sell dawon to dawon 615👉🌶️🌶️🌶️🌶️🌶️
a close below 697 will be ugly
Again 700…
This 700 are too strong for more than 2 years!
Just a small correction or it will go futher down? Short , long?
when 🤔
how ?
Interesting 7.40 could come next week.
next month india export on wheat.
export yeh import
what is the next price wheat up or down?
what next price future up or down ?
How could the funds be so foolish as to have a massive short position down at 550? It feels like the epitome of blind greed. Call it 20/20 hindsight but it was so obvious this was coming, no?
they are traped
Sometimes predictability is not the strong point of investment funds. But they are always right. Now is a good time to win. But it also depends on how much you are willing to lose.
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