The WEAT (wheat ETN) swing + long-term trend trade has just hit & taken out T2 for a ~15% gain since the August 27th breakout & entry (first chart below). Consider booking partial or full profits and/or raising stops (my preference) if holding out for any or all of the additional targets. Previous & updated 60-minute charts below.
WEAT 60m Aug 27th
WEAT 60m Sept 13th
WEAT 60m Oct 2nd
The charts sister grain trades (CORN & SOYB) continue to look constructive as do the agricultural input stocks, which tend to rally alongside the grains. I’ll post some charts or video to update the ag inputs asap.