CBOT wheat may retrace to $6.00-1/2-$6.34 in Q4
Technical analysis says the contract could fall toward $6.00-1/2, with $6.34 and $5.89-3/4 cited as levels.
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CBOT wheat may retrace into $6.00-1/2 to $6.34 range in Q4
CBOT wheat CBOT:ZW1! may retrace into a range of $6.00-1/2 to $6.34 per bushel in the fourth quarter, as a five-wave cycle from the October 2025 low of $4.92-1/4 has completed.The completion was indicated by the close relation between the current fall and the cycle. A retracement analysis on the cy…