US Wheat Futures - Sep 23 (ZWU3)

645.30
+5.05(+0.79%)
  • Prev. Close:
    640.25
  • Bid/Ask:
    644.30/646.30
  • Day's Range:
    637.75 - 645.50
  • Type:Commodity
  • Group:Agriculture
  • Unit:1 Bushel

US Wheat Futures Overview

Prev. Close
640.25
Month
Sep 23
Tick Size
0.0025
Open
640.25
Contract Size
5,000 Bushels
Tick Value
12.5
Day's Range
637.75-645.5
Settlement Type
Physical
Base Symbol
ZW (W)
52 wk Range
573.25-949.75
Settlement Day
09/14/2023
Point Value
1 = $50
1-Year Change
-19.72%
Last Rollover Day
06/25/2023
Months
HKNUZ
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Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesBuyStrong BuyBuySellSell
Technical IndicatorsStrong BuyStrong BuyStrong BuyStrong SellStrong Sell
SummaryStrong BuyStrong BuyStrong BuyStrong SellStrong Sell
  • Time to buyback commodities lol
    1
    • The waterfall begins to 610
      5
      • Dollar, technicals, those goofs overseas.
        0
      • The movie makes me laugh everytime. Jack black kicked his dog over the bridge just now. I keep going in and out of the short position on wheat on the way down. On the fence now.
        0
      • Jack black doesn't even look like jack black in it. Need a decisive up day tomorrow to confirm
        0
    • it comes down because of wheat over production but the danger of black sea grain deal is still intact. How it can go low. best time to buy
      0
      • Can we reach 640 today?
        2
        • Levels on the upside: 651; 668. Overnight dip was performed to 622, hopefully that's in for the day...
          1
      • Short from 640 tp 610
        3
        • This is way overvalued. Needs to go a looong way down.
          5
          • ok unlikely. just pay up and be happy
            0
          • 660/680 on the upside if it gains some traction
            1
          • you think this is the low? i could see a 10-15 drop from here.
            1
          • Downtrend (May of last year) was broken with that big up move in June. If it goes back below will probably continue to follow it, or does it have something else in mind
            0
        • The problem with systems trading are they make market more irrationals. Once the stops were activated the situation become more entropy. After that the market itself look for their level, until a new inputs comes. Wheat market after yesterday highs start consolidated but a sell stops destroyed the avance. Now I am expecting a stabilization with some shortcovering rally having seen the lows of the day already.
          1
          • The market has overreacted. Sellstops system trading have done everything. We are going to see 655 again soon
            3
            • These reports have been negative for wheat for some time. What is the forecast for wheat production in Ukraine? Pretty good I guess.
              0
              • Thanks Ron and all.
                0
              • Ron BurgundyWell, you got your 620-630 low. Kudos. Will see if 'they' will set an RTH low as well, or thisis it. Already long.
                0
              • I'd be careful with a short over the weekend. Turkey man figures this time is different with the grain deal. More potential to the upside with the market pricing in that it's a done deal.
                0