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Barchart
Barchart
Jim Wyckoff

Don’t Miss This Buying Opportunity in July Soft Red Winter Wheat Futures. Here Are the Price Levels to Watch Today.

Plains

July soft red winter wheat (ZWN25) futures present a buying opportunity now on more price strength. 

On the daily bar chart for July soft red winter wheat futures you can see that prices are trending up. Early this week they hit a three-week high. You can also see at the bottom of the chart that the moving average convergence divergence (MACD) indicator is poised to produce a bullish line crossover buy signal. 

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