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Big movement expected on KC HRW Wheat DECEMBER 2019 after a breach of the support

KC HRW Wheat DECEMBER 2019 has broken through a support line of a Triangle and suggests a possible movement to 406.0165 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.

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US30 is quickly approaching 26928.0000. We expect either a breakout through this line, or a rebound.

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