Wheat Puts in a Top

December wheat completed a head and shoulder top today. I missed this one. I may short a rally back to the 1030 level.

Positions Going Into Weekend

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
6C Short 6/17/22 0.76935 0.7683 0.14%
SI Long 5/18/22 21.4 21.65 1.17%
TN Short 6/2/22 127.71875 124.5 2.52%
ZL Short 6/16/22 75 72.24 3.68%
Total Open Profit/Loss Futures 7.5%

Soybean Oil-Long

Soybean Oil completed a small symmetrical triangle in the December contract. I took a stab on the long side with a stop at 75.2 and a target of 82.2. This is a very good Reward/Risk Ratio setup.