Wheat Looking More Positive
Jason Sen | Nov 26, 2014 07:32AM ET
Wheat now looks more positive and has reached our target and resistance at 552/553. We topped exactly here as predicted but are trying for a break higher overnight to target 558/559 before November highs, just above at 564/565.
Immediate support at 552 now but below here keeps the market trading in a range and risks a slide back to 548, possibly as far as support at 545/544. If we continue lower look for a excellent buying opportunity at 541/540.
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