Wheat, Corn and the ETN JJG

To my eye, grains are in an ending diagonal or wedge in the latter stages of its development. Let us start with the ETN JJG which I think has the same ending diagonal form as wheat and corn but where a wedge is easier to see.

Wheat futures 2017-05-15

I've had a request to look at grains and have been dragging my feet about it because I don't have a strong opinion on the EW structure. Short term looks weaker but perhaps not much so and worth watching for a drop to a new low and an attempt to reverse. I was doing...
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