Wheat prices look a lot like corn, they did turn lower late last week but have now turned back higher again in the last couple of days.
This allowed the technical to turn down again late last week but trying to turn back up today.
Bullish news could push us easily to the $12 level, our high from last week. Bearish news could push to chart support in the 11.25-11.40 range.
Anything within this trading range would be fair game in the near term.