Technical forecast for Soybeans

Soybeans formed a bearish double top in place & we warned of a sell off in to the end of the week. Yesterday as predicted we hit our target of 1351/1347 but ran over a little to 1341.

Continue Reading...

Technical forecast for Soybeans

Soybeans bounced towards 1366 but only made it to 1363. Resistance at 1361/63 today but above here may test resistance at 1379/82 for profit taking on any longs.

Technical forecast for Soybeans

Soybeans bounced towards 1366 but only made it to 1363. Resistance at 1361/63 today but above here may test resistance at 1379/82 for profit taking on any longs.

Technical forecast for Soybeans

Soybeans broke 1371/70 to hit our next target of 1361 but it looks like we will continue lower to 1351 today. A low for the day is expected

Technical forecast for Soybeans

Soybeans continued higher to hit our target of 1396 & topped almost exactly here at 1398. We are getting very overbought but a break higher cannot be ruled

Technical forecast for Soybeans

Soybeans tore higher & gapped open this morning in a very bullish move as we hit 1389. If we continue higher look for 1396 then September’s high of