Sep Rough Rice made a new 12-month low today. I currently don't see a trading opportunity, so I'll keep watching from the sidelines.

Dec Soybean Meal made a new #1 bottom point this week at 278.50. This low formed at the bottom of the monthly chart support zone (purple rectangle). Keep watching for a 1-2-3 bottom formation to develop.

Oct Platinum has developed a left shoulder and a new possible head of a head and shoulder top formation. Keep watching the potential head of the pattern to be confirmed with a lower high to the right of the current high. Then watch for a right shoulder to form to setup a possible shorting opportunity.

Sep British Pound has developed both a #1 and a #2 top point. Keep watching for all of 1-2-3 strategy criteria to be fulfilled.

Oct Lean Hogs developed a 1-2-3 top formation. An entry to the downside was triggered on July 14 when price broke below the Friday, July 11 low. The initial stop loss was just above the #3 point. The initial target was the blue daily chart support level at 87.150. If trading additional positions, they should have been stopped out on July 17 at the entry price.

Oct Sugar #11 has already formed the #1 and #2 bottom points, but instead of completing the pattern with a #3 point, price pushed higher. Now, I'm watching for a new #2 point to take shape—ideally followed by the formation of a #3 point. Keep watching for all of 1-2-3 strategy criteria to be fulfilled.