Buy May Wheat

If you need further probable evidence see attached Corn / Wheat price and movement correlation. Green is CBOT Soft Red Wheat and red is CBOT Corn.
 

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I got smacked there - out.

Though my opinion about the direction hasn't changed neither technically I don't see much damage - I will wait to re-enter when and if the selling exuberance wanes.


I wonder how much of this selling is due to geo-political events?
 
Hello Locutus.

May i ask you this hour,

why you say that the Wheat,

it will go 600 Cents per Bushel ?

Which is/are the Reason/s that you say that ?

Kind Regards,

George Kanellopoulos.
 
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