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Trent Klarenbach

CBOT SRW Wheat Price Hits Major Resistance Level

Trent Klarenbach - Contributor Content

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CBOT SRW Wheat closes the month with resistance at the declining 50- Month moving average. 

The last attempt to close above on a monthly basis was in April/May of 2024.

The moving average was advancing then.

Now it is declining....

I cover this technical setup and specific price targets in depth in the Klarenbach Grain Report. 

Join 3,500+ farmers getting sell signals and technical roadmaps here:

Trent Klarenbach, BSA AgEc, PAg, publishes the Klarenbach Grain Report and the Klarenbach Special Crops Report.                                                                                                                                                                                                                                                                                                                                                                                                          

Klarenbach Research                                                                                                                                                                                                                                                                                                                                                                                                                                                            

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https://www.klarenbach.ca

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Related Symbols

Symbol Last Chg %Chg
ZWN26 611-6 +1-2 +0.20%
Wheat

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