date:Apr 16, 2014
echnical price breakout objective is pushing and closing prices below solid technical support at last weeks low of 41.11 cents. First resistance is seen at 42.50 cents and then at 42.75 cents. First support is seen at 42.00 cents and then at 41.85 cents. Wyckoff's Market Rating: 5.5
May Chicago SRW wheat closed up 18 cents at $6.78 1/4 Monday. Prices closed near mid-range today, hit a two-week high and negated a four-week-old downtrend on the daily bar chart. The wheat bulls have regained a sli