March Wheat is trading off a relatively strong resistance area at 615 1/2. You can see we have several hits in this area and I think it could be enough to hold the market down - at least for a short term move lower. If prices move lower on Monday that would be a sell signal. The more ambitious among you could sell the lows on Monday instead of waiting.
If it fails to head lower from here look for a run to 726-ish.
Erich
