TMV Swing Trade report – Long March Wheat @ $8.10. March Wheat continues to climb towards the projected target objective of $8.65. The long position was triggered after March Wheat traded lower and found support at the 20-day EMA of the January 2oth reversal date. Two days later, Wheat traded through the ascending median line with a zoom bar and closed well above the line, suggesting strong momentum. The market continues to climb toward the next projected reversal date on January 30th and is approaching the $8.65 target objective. I will have updated information on this trade signal in the next issue of the Traders Market Views – Swing Trading Report.
