Wheat prices have been on a rally here recently, over the last 3 days we started to consolidate a little bit, but nonetheless the wheat market looks to be on solid footing from a trend perspective.

The next overhead resistance is at the $12-12.02 range where there is a double top, if that is breached then 12.59 would be the next target.

We currently have significant chart support down in the 11.40-11.50 range.