Action Reaction Course 54

Wheat gave 5 major P’s on DT from May 25

A new UT started on 10-5 and prices rose to the 7-25 ML 8-3/10-5 where 5 minor P’s were made before a reversal down close to the 8-3 ML 10-5/11-6.

If the space at 11-15 holds then prices probably are going higher than at 11-6 on their way to a P3 at the 105 ML 116/1115.