In this episode, Trent Klarenbach from Klarenbach Research discusses European milling wheat futures as of October 8, 2024.
00:00 Introduction and Market Overview
00:11 Weekly Chart Analysis
01:41 Daily Chart Insights
02:25 VWAP Analysis and Key Levels
03:22 Conclusion and Final Thoughts
He examines the weekly and daily charts, highlighting the upward rally since August 12th.
The discussion focuses on crucial moving averages: the flattening 50-week moving average and the rising 200-week moving average.
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