Soft Commodities Are Shaping Up

Many of the Soft Commodities are Shaping Up well and starting to show constructive charts.

Corn

Currently flat and working on a buy strategy.

Milling Wheat

Waiting for a breakout here.

Sugar

I will wait for a closing price completion of the inverted H&S before taking action.

Soybean Oil

Long Soybean oil.  Friday’s sharp decline places the near-term trend in Soybean Oil into some question.  Advanced stops.

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