Nov Rough Rice broke below the previous #1 bottom point this week, negating the previous setup. The new #1 bottom point is 11.500 (the low on Sept. 10). Keep watching.

Dec Soybean Meal has formed a large 1-2-3 bottom pattern. The #1 point is 272.6 (the low on July 31). The #2 point is 300.1 (the high on August 14). The #3 point is 281.40 (the low on Sept. 4. Price has already triggered an entry based on the 1-2-3 formation. However, a MET will be triggered on a break above the Sept. 9 high. If filled, the initial stop loss can be placed below the Sept. 8 low. The initial target is the blue horizontal resistance line at 298.8. Keep watching.

Dec Wheat broke below the previous #1 bottom point this week. The new #1 bottom point is 512-0 (the low on Sept. 11). Keep watching.

Oct Platinum developed a large 1-2-3 top formation. Last week I wrote. . . "A break below the September 4 low would trigger a potential downside entry. For risk management, traders could place the initial stop just above the #3 point, or alternatively just above the entry day’s high, depending on risk tolerance. The first downside target is the #2 point low at 1271.10."

An entry was triggered on Sept. 9. If the stop was placed above the entry day's high, it would have been triggered on Sept. 10. If the stop was placed above the #3 point, the trade would still be active. 

Oct Natural Gas has developed a #1 bottom point at 2.738 (the low on 08/25/25) and a #2 point at 3.198 (the high on Sept. 8). Keep watching for a 1-2-3 bottom formation to develop.

Dec 30-Year T-Bond broke out to the upside of its large triangle formation on Sept. 5 and hasn't pulled back to the breakout level yet. Because this market moved so far, so fast, I'll stop watching it for now.

To allow more time for a formation to develop, I'll stop watching Oct Live Cattle and will now watch Dec Live Cattle. It's #1 top point at 243.575 (the high on August 27). Its #2 point is 230.075 (the low on Sept. 10). Keep watching for a 1-2-3 top formation to develop.