#Wheat = Monthly Analysis + Long Term Forecast = 08.10.2022 #ZW1 #WheatFutures #wheatprices $wheat $weat #oatt @ft @marketwatch @markets @forbes

Wheat futures are flagging, signaling a possible substantial loss in the next few quarters. When this flag is broken down, wheat will decline towards the targeted area. However, it is not everything. In today’s analysis, I will traditionally evaluate the candles that ZW1 formed on multiple frames, do a deep dive into some technical analysisContinue reading “#Wheat = Monthly Analysis + Long Term Forecast = 08.10.2022 #ZW1 #WheatFutures #wheatprices $wheat $weat #oatt @ft @marketwatch @markets @forbes”

#Wheat = Monthly Analysis + Long Term Forecast = 03.09.2022 #ZW1 #WheatFutures @ft @cnbc @markets @marketwatch #wheatprices $wheat $weat #oatt

Based on the monthly candle closure, wheat has no intent to reverse the downwards trend and is likely consolidating before moving lower. The ride down can possibly continue for several quarters. In today’s analysis, I will traditionally evaluate the candles that ZW1 formed on multiple frames, do a deep dive into some technical analysis andContinue reading “#Wheat = Monthly Analysis + Long Term Forecast = 03.09.2022 #ZW1 #WheatFutures @ft @cnbc @markets @marketwatch #wheatprices $wheat $weat #oatt”

#Wheat = Weekly Update = 07.08.2022 #ZW1 #WheatFutures @ft @cnbc @markets @marketwatch #wheatprices $wheat

Wheat closed the week on a very bearish note. As expected, the daily completed a 50/200 “death” MA cross, and the weekly candle strongly negated all possible bullish odds of the past week. Those who think that wheat could possibly go higher from here, will likely be disappointed. The Long Term Forecast for Wheat issuedContinue reading “#Wheat = Weekly Update = 07.08.2022 #ZW1 #WheatFutures @ft @cnbc @markets @marketwatch #wheatprices $wheat”

#Wheat = Long Term Forecast = 02.08.2022 #ZW1 #WheatFutures @ft @cnbc @markets @marketwatch #wheatprices $wheat

I thought it would not happen, but it did today. After more than 10 years. Wheat futures registered a technical event that is likely to have an impact on the commodity path for at least a year, perhaps more. In today’s Long Term Forecast, I will traditionally evaluate the candles that ZW1 formed on multipleContinue reading “#Wheat = Long Term Forecast = 02.08.2022 #ZW1 #WheatFutures @ft @cnbc @markets @marketwatch #wheatprices $wheat”

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