I Am Recommending A Short In Wheat

26 Apr in Blog, commodity consulting, commodity trading, corn, futures, Mike Seery, oats, option trading, seeryfutures, soybean meal, soybean oil, soybeans, wheat

Wheat Futures--- Wheat futures in the July contract are trading higher for the 2nd consecutive trading session as I am now recommending a short position from around the 4.32 level and if you decide to take this trade place the stop loss above the 10 day high at 4.50, however the chart structure will improve in the next 2 days as that will be lowered to 4.45 as the risk/reward are in your favor in my opinion.

 

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