Nov Rough Rice made a new #1 bottom point this week at 10.930 (the low on Oct. 01). Keep watching.

Dec Soybean Meal made a new #1 bottom point this week (the low on Oct. 01 at 270.10). Had the prior 1-2-3 formation been traded, the stop loss would have been triggered when price broke below the #3 point on Sept. 22. Keep watching for a new 1-2-3 bottom formation to take shape.

Dec Wheat produced a new #1 bottom point at 502-0 (the low on Oct. 01). Keep watching for all of the 1-2-3 strategy criteria to be met.

Jan Platinum made a new #1 top point at 1,655.0 (the high on Sept. 30). Keep watching for all of the 1-2-3 strategy criteria to be met.

Nov Natural Gas has developed a #1 bottom point at 3.055 (the low on Sept. 23). Its #2 point is 3.585 (the high on Oct. 02). Keep watching for all of the 1-2-3 strategy criteria to be met.

Dec Live Cattle has developed a #1 top point at 243.575 (the high on August 27), a #2 point at 230.075 (the low on Sept. 10). Its new #3 point is 241.350 (the high on Sept. 22). A break below the #2 point could trigger an entry to the downside. If filled, stops can be placed above recent highs-depending on your risk tolerance. The initial target is the blue horizontal support line at 223.925. Keep watching.