/ZW (wheat futures) has just hit the 694.760 price target that was added earlier this week (between T1 & T2). While the odds for a reaction are elevated at this time, it still appears likely that T2 (717.67ish) will be hit in the coming days to weeks. Consider booking partial or full profits, depending on your trading plan, and/or raising stops at this time. Stops could be set somewhat below the near-term uptrend line and/or the former T1 level (675). Previous & updated 60-minute charts below.
ZW 60m July 14th
ZW 60m July 16th
Likewise, WEAT (wheat ETN) has effectively hit the 6.88 price target (HOD 6.87 so far). Consider booking partial or full profits and/or raising stops if holding out for any of the additional targets listed above.
WEAT 60m July 16th