01 · 13 May 2026
The top of B of (2) called at the 218 key level, with the destination named in the same post: wave C projected to the 203 line. The market bottomed at 198 five weeks later.
Milling Wheat (Sep 2026) | Intraday Update
May 13, 2026 · 16:04 (GMT+3)
Bearish. Cautiously bearish in wave C of (2). After a small new high exactly at the 218 KL, Wheat turned down. If this is really the beginning of wave C of (2) down, the market should start acting like it and breaching previous key levels. At this point, going above 218.25 will make me question the primary count.
Big Picture [Repeating]: Neutral. Wave (2) correction down to lower levels before the bull trend resumes.
Projection Score: ✓1 ⌛1 — 218 KL respected as resistance at the new high. Wave C of (2) launch pending validation.
02 · 16 June 2026, morning
The bearish case: wave (iii) of ((v)) of C of (2) next, with the level that would kill it named in advance and the alternate published alongside.
Milling Wheat (Sep 2026) | Pre-Open
June 16, 2026, 11:10 (GMT+3)
Bearish. Wave (i) bottomed at 198 as suggested, breached 199.5, and is heading toward the lower triangle line. We still read this as wave (ii) of ((v)), with (iii) next toward 196.25-195.75. The alt: all of ((v)) of C of (2) is already done. Crossing below 198.0 reinforces the (iii) count; above 203.25 invalidates the bearish count.
Big Picture [Repeating]: Neutral. Wave (2) correction down to lower levels before the bull trend resumes.
03 · 16 June 2026, afternoon
Six hours later 203.25 is crossed, the bearish count is abandoned the same session, and the morning's alternate becomes the count.
Milling Wheat (Sep 2026) | Intraday
June 16, 2026, 17:46 (GMT+3)
Bullish then Neutral. Milling Wheat rallied through the 203.25, killing the bearish count, confirming wave ((v)) of C of (2) bottomed; wave (3) up is underway. But we can't rule out we're in wave (c) of ((iv)). Expect wave (i) to top at 204.75-205.25, then a (ii) correction. Below 198.0 invalidates.
Big Picture [Updated]: Bullish. Wave (2) is complete, or will be after one more dip; the bull trend has resumed in wave (3). A close above 218.00 hints; below 185 invalidates.
04 · 10 July 2026
Choppy compression read as nested ones and twos inside wave 3 of (3), the riskier count, held because nothing had triggered. The surge came three days later.
Milling Wheat (Sep 2026) | Pre-Open
July 10, 2026, 11:23 (GMT+3)
Bullish. Wheat continues to plan: wave (ii) dipped to the 203 line, bottomed at 202.5, and bounced sharply, seemingly starting wave (iii) up toward 210.75-211.25. Close above 206.75 adds confidence, 210.75 boosts; But, below 202.5 lowers it (still in (ii)), 201.25 drops (still in wave 2), 198 invalidates.
Big Picture [Repeating]: Bullish. Wave 1 of (3) is complete; wave 2 bottomed at 200.25, wave 3 of (3) up now underway. A cross above 210.75 adds confidence, a close above 218 boosts; But, below 198 lowers, below 185 invalidates.
05 · 27 July 2026
The top confirmed at 248.25, and wave 4 called complete when it wasn't: price crossed the line this post named as its own downgrade.
Milling Wheat/Blé de Meunerie Futures (Sep 2026) | Post-Open
July 27, 2026, 14:21 (GMT+3)
Bullish. The market rose and collapsed to our 229-228.5 zone, as expected. We view this as wave 4 complete; wave 5 of (3) up follows. Alt: it's just ((a)) of 4, with a short rally as ((b)) of 4. A cross above 235.75 adds confidence, 245.25 boosts; But, a cross below 226.5 lowers, 210.75 invalidates.
Big Picture [Updated]: Bullish. Waves 3 and 4 are likely done, with wave 5 of (3) up to follow toward 264.25. A cross below 226.75 lowers confidence; a close below 218.75 drops.
06 · 12 August 2026
Wave 4 ends in a double bottom, half a point above the 224.50 line. Open at the window's close.
August 12, 2026, 11:39 (GMT+3)
Bullish. Cautiously so, wave 4 ended in a double bottom, 0.5 above our 224.50 line. We read ii, then iii of (i) of ((i)) of 5 to new highs. A close above 229.00 adds confidence, a cross above 236.50 boosts; But, a close below 225.00 invalidates, a cross below 215.50 invalidates the larger count.
Big Picture [Repeating]: Bullish. Wave (3) up is underway toward 264.25. A close above 235.50 adds confidence, a cross above 247.75 boosts; But, a cross below 222.00 lowers, a close below 218.75 drops.
Each post is reproduced complete and unaltered: text, footer, and chart exactly as recorded. Any emphasis is ours and is marked as such. Times are the publication stamps; each chart carries its own TradingView export stamp, and the earlier ones an earlier account handle. The post format tightened over the period covered.
Window: 13 May to 12 August 2026. The sequence ends at the window's close. Current notes are delivered on trial.
Two weeks: the notes for the covered markets, by email.
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