Sep Wheat's recent rally has been stalled all week by resistance near the 6/30 close, but bullish sentiment seems to be prevailing, as RSI broke through a "significant" downtrend line today (Friday). It is now up against the RSI trend line corresponding to the price level that is providing current resistance. However, today's RSI trend line break-through, in my opinion, completes a double buy signal, since there has been no sell signal (drop through the recent up trend line). Therefore, I will not be surprised if price breaks through to the upside next week.
