CBOT December wheat set to retest $7.30½ support
CBOT December wheat (WZ26) may retest support at $7.30½ per bushel, after a correction from $7.95 looks incomplete.
CBOT December wheat (WZ26) may retest a support at $7.30-1/2 per bushel, as a correction from $7.95 looks incomplete.The correction may consist of three waves.
The wave b has just completed around a resistance at $7.62-1/4, which will be reversed by the current wave c.Resistance is at $7.57-1/4; a…