A.M. Look 5/17/18

Wheat is up into its first resistance zone.
A trip to the farmers market here in Chicago revealed that plantings were
over a week behind normal schedule.

Lumber..is overbought on all time frames. That does not mean I’d consider fading the move. Just a quick look at the yearly shows a move to 700 is possible.

Indices…let the day set up.

Spu’s need to sustain under 2715 to get the plungers excited.

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