Personally, I’m standing aside on /GF at this time since it recently put in a pretty solid divergent low on the 60 & 120m timeframes. However, here are the 120m charts for both the Nov & Jan contracts, the latter of which now has more volume, with overhead resistance levels (yellow zone) that could provide objective short entries or a ‘scale-in’ short zone.

Not crazy about the fact FLWS earnings are now out of the way & that didn’t prove to be the catalyst for a reversal. Still has potential positive divergences building on the daily time frame & at this time, I think it would be prudent for those in it to set a stop either right below or even just above the Oct 30th earnings-induced spike low (slightly above because if it get very close, they’ll probably run it down to blow out the stops set just below the low). If not already in it, I wouldn’t take it now unless it turns up soon & starts to climb on above-average volume.

FMC looks like a recent selling climax & the grains continue to look constructive so if they continue to rise, the ag inputs, including FMC, will likely follow.