ew-forecast

Elliott Wave Analysis: Soybeans In An Intraday Correction

CBOT:S2!   SOYBEAN FUTURES
108 0 9
On the 15 min chart, we are observing a nice impulsive structure taking place, with price now in blue wave iv that could make a reversal in sessions ahead. We see price reaching for the 1036 mark, where former wave (iv) could react as a resistance and turning point lower.

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