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Wheat JULY 2020 hits 490 after a 3.35% move spanning 2 days

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 3.35% move on Wheat JULY 2020. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.

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After testing 157.73 numerous times, 3m Co. is once again approaching this price point. Can we expect a bearish trend to follow?

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Support line breached by GER30. This price has been tested at least twice before.

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