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Wheat
Removing the Guesswork
Our historic grain, oilseed and special crop analyses can be found with the following links:
The Trent Klarenbach Podcast on YouTube, YouTube Music, Spotify, Apple
Today, we're dissecting the latest movements in the wheat market, where we're observing some truly precarious levels.
We'll revisit our past analyses, including the dynamics of descending triangles and the significance of key support and resistance zones.
With recent news from China and the United States influencing the market, we'll explore whether current price action signals a "failed move" to the downside or the potential start of a new bull run.
We'll also delve into the technical indicators, including moving averages and volume profiles, to provide a comprehensive outlook on Chicago, Minneapolis Hard Red Spring, and Saskatchewan cash wheat markets.
Our aim is to equip you with the insights needed to navigate these interesting times.
Let's buckle up and dive in.-----
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