/ZW (wheat futures) is coming up on the 678.330 price target. Consider taking profits or raising stops as wheat remains in a bull market with more upside in the coming months+ still likely. Previous & updated 60-minute charts below.
ZW 60m April 8th
ZW 60m April 9th
ZW 60m April 20th
Zooming out to the longer-term weekly chart, $WHEAT (wheat futures) have gained 65% since the last pullback & objective long entry for a long-term trend position (as well as a swing trade) was highlighted back in 2019. The long-term charts remain constructive at this time with a minimum trend-trade target of 950, with the usual zigs & zags to be expected along the way. Previous (2019) and updated weekly charts below.
$WHEAT weekly May 8th
$WHEAT weekly April 20th