Friday's low of 755.75 in March Wheat did not hold support today. We have traded as low as 743.75 this morning. The weekly low (also the continuation low - Sep 22 contract) - last August 18th was 725.75. This is the next big support level which would also be a weekly double bottom. This is less than 20 cents below today's low.
Please see the up to date daily continuation wheat chart below.
