We present an analysis of Chicago Wheat Futures as of January 18, 2024.

The weekly chart shows a bearish trend, with prices below the 200-week and 50-week moving averages.

Video Analysis and Summary

00:00 Introduction to Chicago Wheat Futures

00:11 Weekly Chart Analysis

00:37 Support and Resistance Levels

01:41 Daily Chart Insights

02:04 Trend Lines and Patterns

03:27 Bullish and Bearish Sentiments

04:09 Conclusion and Final Thoughts

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