/ZW (or WEAT) buy signal triggered on this breakout above the downtrend line highlighted in yesterday’s video. 120-minute chart of /ZW (wheat futures) followed by the 60-minute chart of WEAT (wheat ETF) below.
ZW 120m Jan 23rd
WEAT 60m Jan 23rd
Note: Additional long-term swing & trend targets, which have already been shared on the charts of WEAT & $WHEAT in recent months, will likely come into play if & when /ZW & WEAT start to approach T3 as that will help to firm up the intermediate to longer-term bullish case on wheat.