Teucrium Wheat Fund ETV

WEAT Breaking Below Support

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WEAT is breaking down as grain futures get hit hard following a long holiday weekend. July Chicago wheat is currently down 35 cents. July KC Wheat is down 49 cents. We write daily grain commentary and have noted many times over the last few months that a lot of the Bullish news is already known and baked into the cake. No new news to feed the Bulls could trigger additional long liquidation.

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