June 2, 2025
Commodity Crossings: Grains - Week of June 2, 2025
Commodity Futures Weekly Newsletter- For the week of June 2nd, 2025
Wheat futures make move towards support while ending the week nearly unchanged.
To view today's full post as a PDF, please use the button below:
A publication by the Research Team at Capital Trading Group: 800-238-2610
Grains
Wheat Futures
Wheat Futures to again move toward Support.
Wheat Futures remain below Resistance at the April 2025 high of 569’2 after a successful defense of support of 500, closing the week nearly unchanged at 533’2.
Resistance at 569’2
The next step lower to 500 and below would be achieved by witnessing a break of 506’02. To keep the series of lower lows and lower highs in place, Resistance at 569’2 must remain intact.
Conclusion
Still favoring further downside price movement to follow to below 500, with 425 as the next Support while Resistance at 569’2 remains in place. Use breaks below 506’2 as confirmation. With the RSI below 50, at 48.41, sentiment is Bearish again rekindling the next attempt to break support.
For complete strategies in Futures and Option pricing to potentially capitalize on this analysis, call 800- 238-2610 to speak to a registered broker with Capital Trading Group or request more information on how to get started via email sent to info@capitaltradinggroup.com.
Thank you!
Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be
relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and
options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any
investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.