CommodityTrends Weekly Newsletter

Sep Rough Rice has produced #1 and #2 bottom points. Keep watching for all of the 1-2-3 strategy criteria to be met.
Dec Soybean Meal has developed both a #1 bottom point as well as a #2 point. Keep watching for a 1-2-3 bottom formation to develop.
Oct Platinum has developed a left shoulder and a head of a head and shoulder top formation. Keep watching for a right shoulder to form to setup a possible shorting opportunity.
Sep British Pound has developed a 1-2-3 top formation. A break below today's low, as early as the next session. If filled, the initial stop loss can be placed above the #3 point. The initial target is blue horizontal support level at 1.3174.
Oct Sugar #11 has formed a 1-2-3 bottom. The break above the #3 point (by one tick) could have triggered an entry to the upside. The initial stop is just below the #3 point. The initial target is the daily 50% level (17.88). If not yet paper trading this market, consider waiting for a break above today's high to trigger an entry. The stop loss and target can be placed at the same levels mentioned above.