Jul Rough Rice produced a 1-2-3 bottom formation. An entry to the upside was triggered on May 16. The stop loss can now be moved to below the May 20 low. The initial target is the bottom of the blue daily resistance zone near the 13.685 level.

The Jun British Pound June BP developed a 1-2-3 top formation inside of a weekly chart resistance zone. The break below the #2 point triggered an entry to the downside.

Last week I mentioned that the initial stop loss could be placed just above the #3 point. If this had been done, it would have been triggered on May 21.

Sep 30-Year T-Bond made a new 12-month low yesterday. Keep watching for a possible 1-2-3 bottom formation to take shape.

Aug Feeder Cattle has developed a 1-2-3 top formation. A break below the #2 point will trigger an entry to the downside. If filled, the initial stop loss can be placed just above the #3 point. The initial downside target is the blue horizontal support line at 287.975.

Jul Orange Juice produced a 1-2-3 bottom formation. A paper trade was triggered to the upside on May 14. The 1:1 risk/reward level was hit May 15. The longer-term target at the gold horizontal weekly chart resistance line was hit today. If trading additional positions, consider moving the stop loss to just below the May 22 low.