ZWZ7 possibly formed an important bottom @ 4.53.  However, the bears are still in control of this market.  Wheat follows an 18-year cycle.  The market formed a long-term top in 2008.  Therefore (based on the 18-year cycle), wheat is scheduled to complete a long-term bottom in 2017.  I am a buyer @ 5.07.  I am a seller @ 4.55.  www.ReiterInvest.com

Author: reiterdave

Dave Reiter is a proprietary trader of stocks & commodities. Dave’s trading career began in 1989. He is the managing member of Reiter Capital Investments LLC, a prop trading firm located in Muenster, TX. Dave has a passion for teaching others how to become successful traders. He is one of the few people in the financial publishing industry who trades real-time with real money. Dave releases all of his personal trades on a daily basis through his investment newsletter. Dave’s website is www.ReiterInvest.com. His Twitter address is @TradesByDave.

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