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TFC Commodity Trading Forum

Re: march wheat/Harold *PIC*
In Response To: march wheat ()

Here is a Ratio Chart of Corn/Wheat. Triple top right in here. Perhaps it is a good time to reverse and do a W/C Spread Trade. Resistance is resistance and that hasn't changed since the beginning of time. Unfortunately breakouts also occur. And it is in a nice uptrend. I would think a spread trade with a stop on a breakout of this chart would clearly define where to exit if incorrect.