Wheat | Wave analysis of the ticker

It may be unexpected for someone, but not for an Elliott. In early October, I also outlined a reversal of the downward trend (https://t.me/eightyninewaves/3126). And now we are talking about the acceleration of the trend on the news.

This winter, food prices in the world will be very high – the inflationary spiral will continue to unwind. There is a trading plan for making money on a global catastrophe on the chart.

In summer the growth of wheat was predicted in the very low (https://t.me/eightyninewaves/2994). In autumn and winter, it will definitely continue, and next year it is possible to update historical highs not only for wheat, but also for all foodstuffs.

Inflation will continue to be the main global problem, and no way out of this crisis has been found, yet. But they are, and they are not related to the monetary policy of the Fed or the ECB rate. The only pity is that it will be more expensive for us, the proletarians, to live every subsequent day – social explosions are possible. The only good news is that with the diagonal “C” hunger does not threaten the countries of the first world.

The world is very lucky that in the wave C of (Y) there is an ending diagonal and not an impulse at all (https://t.me/eightyninewaves/2941). The impulse had limited tagets by the stratosphere, while the diagonal was simply enough to slightly update the historical highs a couple more times.

To all appearances, the acute part of the global crisis is behind us. It’s time for opportunities. Just remember that the consequences will echo for years to come.

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#ZW TF: 1D

As you remember from the March review, the prospects for the global food market are so-so (https://t.me/eightyninewaves/2800). The example of wheat shows that food inflation will soon accelerate. Although it would seem, where even stronger?

Russia is not threatened by the lack of bread, but I still recommend stocking up on food for autumn and winter right now. You obviously didn’t expect such advice from a channel of financial markets, but such times… We are waiting for half-empty shelves and very expensive food in stores. And so it is all over the world.

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#ZW TF: 1H

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 [1] 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 [1] 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 [1] 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