Since we’ve considered the VIX today, we might as well drop in on another vehicle that has not gotten much ink in Rick’s Picks: Soybeans. The July contract has a beautiful pattern that points to a tradable top at exactly 955 6/8., and you could probably short there with a stop-loss as tight as 3-4 ticks. If the stop is hit, though, look for the rally to continue higher, possibly renewing the bull trend with a push above the very subtle look-to-the-left peak that I’ve labeled.
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