We are showing an updated chart on Wheat, and how it declined from 635.
Now trading around 567 and our next downside target is 523.
We have no position but expect to go long again once Wheat has bottomed.
A close above 581 is now needed for a buy signal.
Other Soft Commodities that we cover in our GMTT research report includes: Corn, Soybeans, Coffee, Cocoa, Lumber and Sugar.
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