Sell 2018 Wheat.....Not Fibbin.

Most marketing publications use Fibonacci Retracements as a tool to spot potential targets for actionable events.  Most people who trade use Fibonacci's and they are one of my favorite tools.  The other side of the Fibonacci retracement is the extension.  What if price trades above a consolidation area where it has never been before?  Enter the Fibonacci Extension.

2018 July Wheat has pushed against such a level at 261.8%.  In addition, the CCI will soon project a sell signal.  I don't make wheat recommendations as a general rule, but this has sell written all over it.  I am recommending to get to 50% sold 2018 wheat at $6.025.