A close today for the July Wheat above 6.74 will have us buy a 50% position
back in this ETF…There are several reasons for getting back in. 1) The risk on scenario,
2) The chart pattern is similar to the metals. It is also similar with the OIL & OIL ETF’s in that they spiked the 200 day mvg avg’s
and have now rejected the lower follow thru, 3) Everybody puked their longs!
