Saturday, 30 April 2011

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Wheat: The Grain futures complex has experienced a volatile trading week

  • Saturday, 30 April 2011
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  • The Grain futures complex has experienced a volatile trading week, with a sell-off during Thursday's action in the CBOT Wheat futures making what could be a key technical move lower on the longer term charts. Wheat dropped precipitously into the close to breach the underside support of a very large Channel Up chart pattern, illustrated here on the 240-minute time frame. The market is peeling



    http://bit.ly/lBo6fV

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