Position Updates & Gauges for Trading on 3/31/2014

Mish Schneider | March 30, 2014

***NOTE-SODA: Reached P1 44.00-sold 1/3 and raised trailing stop again

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New Position: USO: Long Filled 36.13 ATR: .47

Name of Instrument: United States Oil Fund

Current Price: 36.60

Sell Stop: 35.19

First Target: 37.24 for 1/3

Reason For Trade: After our initial profitable position, it is setting up again with a move over the 200 DMA for a phase change to accumulation. Plus, it held key weekly and monthly moving averages.

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Existing Position: SODA: Long 39.10 ATR 2.00 2/3 left

Current Price: 43.50

Name of Instrument: SodaStream International

****Raised Trailing Stop: 39.69

REACHED****First Target 44.00 for 1/3

2nd Target: 46.44 for another 1/3

Reason For Trade: After taking a beating on a political situation in the Middle East, it had a good bottoming pattern. Furthermore, news today on a possible arrangement with Sunny Delight could get this going.

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Existing Position: WFC: Long 45.76 1/3 position left

Sold ½ 45.83

Current Price: 49.30

***Raised Trailing stop: 48.24

Name of Instrument: Wells Fargo

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Existing Position: CORN: Long 30.67 Position Size left 17%

Name of Instrument: Teucrium Corn Fund

Current Price: 33.65

****Raised: Trailing Stop: 32.79

****REACHED! Next Profit Target: 34.27 sold ½ remaining position-no more targets-just raising trailing stops

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