Support and Resistance Trading Forum

Crazy Wheat
By:Alan C.
Date: 5/4/2008, 10:29 pm

Did anybody else notice what CBOT electronic Wheat did about 8:20 CDT this evening? The May thru December contracts had a crazy spike in price. For example, July Wheat jumped from about $8.18 to about $8.31, then dropped to $7.90 (that's a 41-cent drop), then up to $8.02 in a 5-minute interval. Two hours later (about now), the price was at $8.17.

Responses To This Message

Re: Crazy Wheat
JeffK -- 5/5/2008, 12:09 pm
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