Unofficial trade ideas are trade ideas that may or may not list specific stops & exact price targets and may or may not be followed up with. Unofficial trade ideas will only be moved to the Active and Completed Trade categories if they are first published as being recategorized as an official trade idea.
Member @ixtlanian inquired in the trading room if WEAT in objective long re-entry position now? Based on both the charts of $WHEAT (continuous futures contract) and WEAT (wheat ETN) it would appear so. $WHEAT is close to backtesting this downtrend line following the recent breakout & divergent low, thereby offering another objective long entry or [...]