Wheat has certianly broken it's down trend. It's in the process of making the central core entry formation that my method uses.If it holds, it will correct down to the 4 day moving average, and close lower tomorrow. Thursday it should give a buy signal. Thats assuming the pattern completes. I won't know untill Thursday if it's confirmed or not.
The weekly chart however, is a bit more fuzzy. It seems to be fairly random in it's direction. This is bad from my stand point, because I depend on solid trend direction on the weekly to choose markets to trade. If it's all over the place, and I am relying on the daily chart, I have to be more skidish on my entries, and quicker to exit if it does not look right.