Is CBOT Wheat forming a Head & Shoulders Pattern?

It doesn't feel like it today, and it won't until it breaks the neckline.

Testing previous resistance.

It isn't technically a Double-top either, but that won't stop the tourists.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.