Wheat (ZW) — 1.5 between 685 support and 712.25 resistance with 7/10 confidence

Cautiously bullish on July 10 WASDE production shock confirming most severe U.S. wheat shortfall since 1972 with crop conditions at 26% good-to-excellent driving prices to May 2024 highs, yet increasingly concerned about sustainability above 700 given managed money record bearish positioning shift,

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Wheat (ZW) — 1.5 between 685 support and 712.25 resistance with 7/10 confidence