Thursday, November 15, 2012
Wheat fundamentals have tightened significantly in recent weeks. After being the forgotten grain for much of 2012, Wheat has the potential to shine in the coming crop year. The major problem that Wheat bulls face is outside markets. Traders’ appetites for risk assets has been curbed, which may make an upside breakout difficult to come by. The chart currently looks like a healthy EKG, which indicates sideways trading may persist.
Wheat futures have been … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards