DJ Wheat Index Breaks Consolidation Resistance $DJAWH

Grains are on the run with a breakout in the DJ-UBS Wheat Index ($DJAWH). The chart below shows the index surging in early December, consolidating for seven weeks and then breaking consolidation resistance the last few days. RSI broke its downtrend in early December and held the 40-50 support zone this month. Also check out Soybeans ($DJASY) and Corn ($DJACN).

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Click this image for a live chart

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