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TFC Commodity Trading Forum

WHEAT:is Toast *PIC*

Wheat should rise with one more push higher into the end of this week (Friday to be exact) and then it's most likely toast. Hopefully the stops at 700 will be picked off with a reversal which is the best setup. Those who prefer to wait and see can look for a 5 wave selloff and then short the ABC retracement. All bets are off if this plan goes awry.

Intelligent discourse is welcomed!