Daily Commodities Update: Wheat

Grain market futures surged higher to open the trading with solid gains across the complex. Wheat futures led the rally, picking up around 30 cents per bushel after holding key support on the chart. The reversal action from last week's soft close coincides with the neckline of an "Inverse Head & Shoulders" chart pattern, shown below on the longer term 240-minute time interval.�� This is now a

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