We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of Wheat (ZW.Z12.E)
I hope you had a GREAT week !! Wheat made a strong bull swing in June and July and has since been in a sideways consolidation.
The consolidation looks to be forming a classic Head and Shoulders base pattern and if Wheat trades higher from here that would be a breakout of the neckline. Continue reading "Chart to Watch - Wheat"
