Kneading the dough

Lock in your Wheat price.

Yesterdays outside bearish reversal aides my Short Call on Wheat.

Currently trading at $8.50 on CBOT,

Looking for an initial downside target into the $7.81-$7.67 range.

$7.75 to be specific.

The medium term target surrounds the $7.12 area.

November 25, 2021

by Rob Zdravevski

rob@karriasset.com.au

#wheat