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CBOT December wheat is poised to break a resistance at $7.28 per bushel and rise into the $7.33-3/4 to $7.37-1/2 range, according to Reuters market analyst Wang Tao. The contract has stabilized around a support at $7.12-3/4 twice, suggesting a double-bottom formation that will be confirmed on a break of $7.33-3/4. Imme
CBOT December wheat (WZ26) is poised to break resistance at $7.28 per bushel and trade into the $7.33-3/4 to $7.37-1/2 range after stabilizing near $7.12-3/4 twice.