10-Year

The 10-year looks set to complete a head and shoulder failure pattern again. I caught the last one for a nice profit. I will be looking to go short with a break below 118’045.

Soybeans-Possible Top

I was stopped out of soybeans for a loss yesterday. It is looking like Soybeans has topped. I will go short with a break down of the rectangle. The grains tend to top in the spring time.

Charts on the Radar

Bonds look set to stage a relief rally. I much prefer these patterns morph into a failed head and shoulder. I would rather be short than long.
The euro dollars (December 23 contract) looks cleaner and more consistent with a bottom. I will take the trade either way.

The 10-year is a possible candidate for a short.

Soybeans are making a rectangle. I will take the trade in either direction.

Soybean oil is repeating history. I may take a long side trade with a break above 81.5.

Positions Going Into Next Week

One position-Long silver.

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
SI Long 5/18/22 21.4 21.765 1.71%
Total Open Profit/Loss Futures 1.71%

Wheat Trade

I missed the KC wheat move. My orders never got filled. I am chalking it up to a missed trade.

The next best is Chicago wheat.

I have my orders to be filled at the 1150 mark for now.