I plan on updating the trade ideas category to reassign and previously Active Trades that have either hit their maximum suggested stop or final price target to the Completed Trades archives in order to streamline the Trade Setups & Active Trades categories.
Most of the trades that were already stopped out or hit their final target were mentioned having done so in recent videos, home page posts and/or trading room posts although all official trade ideas will have a final update posted on the home page before being reassigned from the Active Trades category to the Completed Trades archives where all associated posts on those trades can be viewed for future reference.
The suggested on the last official trade for WEAT was triggered on the Aug 20th close of 5.03 for a 5.8% loss with WEAT moving slightly lower from there followed by a reversal & rally up to hit the first target of 5.66 to the exact cent on Oct 21st, immediately reversing from there. The charts remain constructive & I still favor at least one more leg up to the second target. Original & updated daily chart on that trade below:
Since the stop was triggered on that last official trade, WEAT was first highlighted as offering another objective long entry on a break above the downtrend line shortly afterward on Sept 9th (first chart below) and on multiple occasions afterward in various videos & static chart images/updates.
The intermediate to longer-term outlook on wheat remains constructive although we could see a little more downside in the near-term following the pullback off the first target/5.66 resistance level on WEAT back on Oct 21st. The 60-minute chart of /ZW (wheat futures) and the updated daily chart of WEAT below, noting any potential pullback towards the 5.28ish support level providing an objective add-on on new long entry.