01 ·
Calling the top of B of (2), and 203.00 for C.
The ladder on the left panel frames everything that follows. The advance ran out just above the 247.25 rung; the bounce after it topped at 235.50 to the tick. The top two rungs are still ahead.
Milling Wheat (Sep 2026) | Intraday Update
May 13, 2026 · 16:04 (GMT+3)
Bearish. Cautiously bearish in wave C of (2). After a small new high exactly at the 218 KL, Wheat turned down. If this is really the beginning of wave C of (2) down, the market should start acting like it and breaching previous key levels. At this point, going above 218.25 will make me question the primary count.
Big Picture [Repeating]: Neutral. Wave (2) correction down to lower levels before the bull trend resumes.
Projection Score: ✓1 ⏳1
✓ 218 KL respected as resistance at the new high. ⏳ Wave C of (2) launch pending validation.
— Lior Mor
Note: Before July the chart names each thesis line on itself, as Early Tell, Confirmation, Early Warning or Invalidation; levels are marked ✓ or ✗ rather than with a glyph, and the lines are drawn in blue, orange and maroon.
02 ·
Reading three ones and twos at a top, and mapping the drop.
Three ones and twos nested one inside the next, each second peaking lower: 218.00, 217.75, 215.75. The decline is then mapped forward to the 202 line, reached in a week, with the bottom four points below it. The 10 July post is the same shape upside down.
Milling Wheat (Sep 2026) | Pre-Open
May 27, 2026 · 10:54 (GMT+3)
Bearish. Wheat dropped and stopped exactly at 214.00-213.50. The attempted breach of 215.25 likely marked the top of micro wave ((2)). If correct, prices should drop sharply. Below 212.00 gives another hint; below 208.25 confirms. Above 217.25 warns; above 218.25 invalidates wave (iii) and calls for extended wave B.
Big Picture [Repeating]: Neutral. Wave (2) correction down to lower levels before the bull trend resumes.
— Lior Mor
Note: Before July the chart names each thesis line on itself, as Early Tell, Confirmation, Early Warning or Invalidation; levels are marked ✓ or ✗ rather than with a glyph, and the lines are drawn in blue, orange and maroon.
03 ·
Naming two ways C of (2) ends, and the line that decides.
Read with the next post. The line named here settles it six hours later, in the same session.
Milling Wheat (Sep 2026) | Pre-Open
June 16, 2026, 11:10 (GMT+3)
Bearish. Wave (i) bottomed at 198 as suggested, breached 199.5, and is heading toward the lower triangle line. We still read this as wave (ii) of ((v)), with (iii) next toward 196.25-195.75. The alt: all of ((v)) of C of (2) is already done. Crossing below 198.0 reinforces the (iii) count; above 203.25 invalidates the bearish count.
Big Picture [Repeating]: Neutral. Wave (2) correction down to lower levels before the bull trend resumes.
— Lior Mor
Note: Before July the chart names each thesis line on itself, as Early Tell, Confirmation, Early Warning or Invalidation; levels are marked ✓ or ✗ rather than with a glyph, and the lines are drawn in blue, orange and maroon.
04 ·
Six hours later, calling the bottom of C of (2) at 198.
Five points beyond the 203.00 target drawn for it on 13 May, thirty-four days earlier.
Milling Wheat (Sep 2026) | Intraday
June 16, 2026, 17:46 (GMT+3)
Bullish then Neutral. Milling Wheat rallied through the 203.25, killing the bearish count, confirming wave ((v)) of C of (2) bottomed; wave (3) up is underway. But we can't rule out we're in wave (c) of ((iv)). Expect wave (i) to top at 204.75-205.25, then a (ii) correction. Below 198.0 invalidates.
Big Picture [Updated]: Bullish. Wave (2) is complete, or will be after one more dip; the bull trend has resumed in wave (3). A close above 218.00 hints; below 185 invalidates.
— Lior Mor
Note: Before July the chart names each thesis line on itself, as Early Tell, Confirmation, Early Warning or Invalidation; levels are marked ✓ or ✗ rather than with a glyph, and the lines are drawn in blue, orange and maroon.
05 ·
Holding three ones and twos through two weeks of chop.
Red 1 and 2, then green i and ii, then purple (i) and (ii), nested inside ten sessions that spanned 6.5 points and read as pure chop. The 210.75 target named here at 205.00 was cleared in the next bar.
Milling Wheat (Sep 2026) | Pre-Open
July 10, 2026, 11:23 (GMT+3)
Bullish. Wheat continues to plan: wave (ii) dipped to the 203 line, bottomed at 202.5, and bounced sharply, seemingly starting wave (iii) up toward 210.75-211.25. Close above 206.75 adds confidence, 210.75 boosts; But, below 202.5 lowers it (still in (ii)), 201.25 drops (still in wave 2), 198 invalidates.
Big Picture [Repeating]: Bullish. Wave 1 of (3) is complete; wave 2 bottomed at 200.25, wave 3 of (3) up now underway. A cross above 210.75 adds confidence, a close above 218 boosts; But, below 198 lowers, below 185 invalidates.
— Lior Mor
Research, not investment advice. Trading carries risk of loss.
06 ·
After a third-of-a-third surge and dip, calling the next top.
Intraday, the three targets named here were all cleared within three trading sessions.
Milling Wheat/Blé de Meunerie Futures (Sep 2026) | Post-Open
July 17, 2026, 12:47 (GMT+3)
Note: disregard the bad tick to 234.
Bullish. The (iv) dip reached our 229.5-228.5 target and looks done, so (v) of ((iii)) up should follow toward 240.75/242.5/244. Alt: only a of (iv) is done, with more correction first. A close above 237.75 puts (v) underway; But, a close below 224.75 lowers.
Big Picture [Repeating]: Bullish. Wave 1 of (3) is complete; wave 2 bottomed at 200.25, wave 3 of (3) up now underway. A cross above 210.75 adds confidence, a close above 218 boosts; But, below 198 lowers, below 185 invalidates.
— Lior Mor
Research, not investment advice. Trading carries risk of loss.
07 ·
At 241.75, calling 250 to end ((iii)). It ended wave 3 at 248.25.
The miss is a degree, not the 1.75 points. The exit line was published in the same paragraph, crossed in the next bar, and the read turned bearish inside the session.
Milling Wheat/Blé de Meunerie Futures (Sep 2026) | Pre-Open
July 24, 2026, 10:21 (GMT+3)
Bullish then Neutral. iv dropped and looks finished, so a last rally in v of (v) of ((iii)) toward 250 should complete the wave. A cross above 246.75 adds confidence; But, a close below 240.75 lowers, a cross below 235.75 drops, confirming (v) of ((iii)) ended.
Big Picture [Repeating]: Bullish. Wave 3 of (3) up is underway. A cross below 210.75 lowers confidence; a close below 200.25 invalidates.
Lior (Lee-or) Mor | QuadriviumAnalytics.com
Research, not investment advice. Trading carries risk of loss.
08 ·
The top of wave 3 was right. The end of 4 was not.
The alternate published here said wave 4 was not done, and that is what carried: it ran on to the low on 12 August, sixteen days later.
Milling Wheat/Blé de Meunerie Futures (Sep 2026) | Post-Open
July 27, 2026, 14:21 (GMT+3)
Bullish. The market rose and collapsed to our 229-228.5 zone, as expected. We view this as wave 4 complete; wave 5 of (3) up follows. Alt: it's just ((a)) of 4, with a short rally as ((b)) of 4. A cross above 235.75 adds confidence, 245.25 boosts; But, a cross below 226.5 lowers, 210.75 invalidates.
Big Picture [Updated]: Bullish. Waves 3 and 4 are likely done, with wave 5 of (3) up to follow toward 264.25. A cross below 226.75 lowers confidence; a close below 218.75 drops.
Lior (Lee-or) Mor | QuadriviumAnalytics.com
Research, not investment advice. Trading carries risk of loss.
09 ·
Calling the end of 4 of (3) after a double three.
The green ((y)) on the chart is where wave 4 ends. The 27 July post called this low sixteen days early.
August 12, 2026, 11:39 (GMT+3)
Bullish. Cautiously so, wave 4 ended in a double bottom, 0.5 above our 224.50 line. We read ii, then iii of (i) of ((i)) of 5 to new highs. A close above 229.00 adds confidence, a cross above 236.50 boosts; But, a close below 225.00 invalidates, a cross below 215.50 invalidates the larger count.
Big Picture [Repeating]: Bullish. Wave (3) up is underway toward 264.25. A close above 235.50 adds confidence, a cross above 247.75 boosts; But, a cross below 222.00 lowers, a close below 218.75 drops.
Lior (Lee-or) Mor | QuadriviumAnalytics.com
Research, not investment advice or a personal recommendation, and no substitute for advice that takes account of your own circumstances and needs. The author trades the markets discussed. Trading carries substantial risk of loss.
Note: this page rolls to the December contract. The 225.00 low and the 224.50 line are December prices; the September contract every earlier page quotes was already below 225 by 31 July. Prices are not comparable across the roll.
10 ·
Holding 231.50, and calling iii of (iii) of ((iii)) toward 241.75.
History doesn't repeat, but it rhymes: a third series of ones and twos, the same shape as 10 July and 12 August.
Milling Wheat/Ble de Meunerie Futures (Dec 2026) | Pre-Open
August 20, 2026, 11:12 (GMT+3)
Note: the marked bad tick is a data error; disregard it and any level it appears to have triggered.
Bullish. Bad tick aside, our 231.50 held the ii low, leaving i and ii complete. Next, iii of (iii) of ((iii)) of 5 pushes toward 241.75/243.25. A close above 239.75 adds confidence, a cross above 245.00 boosts; But, a close below 231.50 lowers, a cross below 224.50 invalidates.
Big Picture [Repeating]: Bullish. Wave (3) up is underway toward 264.25. A close above 235.50 adds confidence, a cross above 247.75 boosts; But, a cross below 222.00 lowers, a close below 218.75 drops.
Lior (Lee-or) Mor | QuadriviumAnalytics.com
Research, not investment advice or a personal recommendation, and no substitute for advice that takes account of your own circumstances and needs. The author trades the markets discussed. Trading carries substantial risk of loss.
Reading the charts
- Reading a thesis line
- Three parts. Its weight: dashed is Early, solid is Strong. Its trigger: a filled glyph needs a close beyond the line, a hollow one only a cross. Its color: the direction the trigger fires, teal upward and clay downward, whichever way the count leans. Color is the direction the trigger fires, never a verdict on the count.
- The line as a ledger
- A line begins at the bar it was drawn on, before price reached it, and steps at each bar where it moved, so the chart carries the date it was set and every revision since. A trigger stops it there: the glyph prints on the bar that did it, and the line fades and gives up its price chip. A live line carries one on the axis; a fired one does not.
- What the post names
- Every chart carries thesis lines, Key Levels and Key Zones: dotted lines and shaded bands for the grid, tagged and colored lines for the thesis. The post names a few of them, the ones that matter to that day's read. The rest stay on the chart until they trigger or are retired.
- The alternate count
- Published with the primary rather than after the fact: the alt in the text, and on the chart a label carrying OR. Where two are drawn, the nearer is the primary and the farther the alternate.
- Big Picture tags
- [Repeating] means the Big Picture paragraph is unchanged from the previous day's post; [Updated] means it moved. These pages are a selection, so the previous day's post is rarely the previous page here, and some posts carry neither tag.
- Provenance and timestamps
- Any highlighting is ours, and every page carrying one says so in its label. The time shown is the one the post states, or its recorded timestamp where the post states none. Each chart also carries its own TradingView export stamp, in whatever UTC offset it was exported under, so it will not always read the same as the time on the page; the earlier charts are the same account under an earlier handle.
- Panels and paragraphs
- The left panel carries the levels named in the Big Picture paragraph; the right panel carries those named in the lead paragraph. Every price the post states is drawn on the panel it belongs to. The contract rolls inside this deck, so the right panel changes series partway through: a level can sit at a different price on the two panels, or appear on only one.
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