The second buy signal on the WEAT (wheat ETN) swing trade that I was waiting for in this previous update was triggered on the secondary downtrend line breakout, with the next objective add-ons/entries now to come on breaks above these next 2 resistance levels on the updated (last) chart below. Previous & updated 60-minute charts below.
WEAT 60m Aug 7th
WEAT daily 60m Aug 18th
WEAT 60m Aug 25th
While best to wait for WEAT to take out that R1 (1st/next resistance level) it is currently testing, /ZW (wheat futures) offers an objective add-on or new long entry on this secondary trendline/wedge breakout with additional targets added. Previous & updated 60-minute charts below. (Note: The previous /ZW chart posted back on Aug 7th was the Sept contract, with the updated chart below reflecting the current (Dec) contract.)
ZW 120m Aug 7th
ZW 60m Aug 25th