Author: s4k

Positions and Possible Trades

I only have one position- short wheat.

STOCKS
Symbol Position Date
Position
Opened		 Price
Position
Opened		 Week
Closing
Price		 Percent
Change
Total Open Profit/Loss Stocks
FUTURES
Symbol Position Date
Position
Opened		 Price
Position
Opened		 Week
Closing
Price		 Percent
Change
ZW Short 3/2/23 720 683.25 5.10%
Total Open Profit/Loss Futures 5.10%

I have open orders to short Soybean Oil at the 58 mark as of right now. I might move them down to the 57 mark next week.

The Euro appears to be making a head and shoulder top. I will be looking to go short with a break below the 1.05 mark. 

It appears the bond markets may have put in a temporary bottom. Higher bond prices (lower interest rates) might be the trend over the next few months.

Soybean Oil

Soybean oil broke down from its head and shoulder pattern. I was busy and did not get a chance to short it. I will be looking to go short on any rally back to the 58 level.

Recession Still on the Horizon

The money supply continues with negative growth for over 6 months straight. Truley remarkable given that it is such a rare event the money supply ever shrinks.

All of the key yield curves have gone further into negative territory.
Moving to as much cash as possible is the best play for most investors.

Positions Going Into Weekend

STOCKS
Symbol Position Date
Position
Opened		 Price
Position
Opened		 Week
Closing
Price		 Percent
Change
Total Open Profit/Loss Stocks 0.00%
FUTURES
Symbol Position Date
Position
Opened		 Price
Position
Opened		 Week
Closing
Price		 Percent
Change
ZW Short 3/2/23 720 708.5 1.60%
Total Open Profit/Loss Futures 1.60%

Short Wheat

The grain complex looks very weak. I interpreted the wheat pattern as a rectangle.
My stop is at 735 with a target of 625.