Wheat (DEC)
GMTT called the low in Wheat in August, went long at 495 and took profit on October 20th at 635.
That is where we flipped the trade to short.
Still holding short and our first downside target 585 came close.
A good close below 585 gives a next downside target towards 523.
The suggested protective buy stop is 611.
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Wheat Nov 20 2020
