Shorting Beans

This is not a hedge or marketing recommendation.  Simply a trade I plan to enter should beans rally to $10.60.  If this happens, the head and shoulders top would dictate that the price should fall to around $9.50, or a $1.10 move.  The entire position would be automated with stops and One Triggers Other orders.

I plan to enter this position as one short $10.60 Jan Soybean Contract with a stop at $10.80 to manage the risk.  The total risk reward would be  at 5.5 reward to 1 risk which is pretty good.  I would exit the position at $9.50.  If this happens, I expect it to happen soon.