Timeframe: 1M, 1D, 4H
We were robbed, now we are waiting for starvation! Wave analysis of wheat.
Quotes from 1841 were taken for analysis. The cyclical wave IV fell on the first two world wars – this was the starting point for the rise in food prices in modern history. The situation worsened along with the decoupling of the dollar from gold. The gold reserves ended in the USA, and the era of financialization began – the wave (W) of  of V .
Production from the states was transferred to the previously agrarian countries, which are now commonly called developing, which led to increase in their standard of living. Along with the growth of the well-being of the population, the number of those wishing to work for a bowl of rice began to decrease, and as a result of this, another round of food prices rose – А of (Y) of  of V .
In double zigzags there should be four legs, and only three of them were completed according to the internal structure.
#ZW TF: 1M, 1D, 4H
The structure C of (Y) of  of V looks ominously – I have never seen so many first and second waves. Therefore, I tried to simplify the structure with the help of combinations and leading diagonals, but even with them there are still at least a few stages of increasing the cost of food in the coming years. It is worth noting that when before in a double zigzag none of the A/C sub-waves was a diagonal, it is extremely likely that this diagonal will appear in wave C of (Y), so all my initials may actually turn out to be a zigzag in wave [i] of C , but even its structure is not yet complete anyway.
At the end of the cyclic wave V there will be very powerful social upheavals – the poorest segments of the population will have nothing to eat at the moment, indicators of hysteria (sentiment) will overkill the times of the Great French Revolution – the end of the wave III . But I doubt that the world is waiting for a mass starvation extinction – humanity has already learned how to get cheap refined energy, just to perceive everything in society in the time of information technology will be just that.
Wheat is an excellent sociometer for predicting class contradictions in society. From the Elliott waves, you can see in advance wars, revolutions, and uprisings.
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#ZW TF: 1M, 1D, 4H