Like the rest of the inflation trade, the AGs are all en fuego. Or, in the words of the late great John Madden "It's a jail break"
even with the crosses, It seems more like it is going to hover from 7.1 to 7.9 for quite some time. corn and soya have been on the uptrend.
Although not highly volatile like the others I have posted (SOYB and CORN) WEAT doesn't seem to spend a whole lot of time going sideways, percentage wise.
In Wheat futures, am short from November highs and recently shorted more on pullback and will again if pullback is high enough. Automation takes partial profits of one dollar moves. My methods are by far least percentage wise of winning on underlying but due to expecting losses, hedges in place allows trades to have profits on over losses of underlying. It is like waiting for Royal Flush in video poker, never know when it coming when it hits is huge profits. Hedging allows insurance on every trade.
Weat (like the rest of the AGs) on a total tear. en fuego. Weat bidding to move higher. Same with CORN In fact so many great chartists right here, everybody here must be making a total killing.