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Trent analyzes the weekly chart for Chicago Wheat $WEAT ( ▼ 0.76% ) $ZW_F ( 0.0% ) as of March 28, 2025.
He explains using a logarithmic chart and drawing trendlines to identify support and resistance levels.
Trent highlights multiple tests of a critical support area around $5.20 to $5.35 and notes the diminishing strength of rallies after each test, indicating potential further declines.
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