WEAT is currently setting up a textbook reversal candle at its horizontal support level this week. We're watching a Fred Tam–style formation take shape, though there's still one trading session left before the pattern fully confirms. That means this setup qualifies as one to monitor closely rather than a locked-in signal at this stage.

Looking at both the technical structure and market psychology here, price action is showing some interesting behavior at these support zones. The way buyers and sellers are interacting around this level—combined with the specific candle mechanics we're seeing—creates a setup worth tracking as we head toward the close of the week. The confluence of support and this particular reversal pattern gives us something concrete to watch for potential directional movement.