October 24, 2024
I analyze Chicago Wheat Futures ($ZW1!), focusing on the crucial $6 resistance zone. I break down the significance of the 200-week and 50-week moving averages, alongside the year-to-date anchored VWAP. On the daily chart, a potential golden cross is forming, which could signal a shift in momentum. Tune in to see what may precipitate a breakout in this market.
