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January Soybean Still Bullish

Long
Soybean Mini Futures (Jan 2018) (CBOT_MINI:XKF2018)  
hopscotch Updated   
CBOT_MINI:XKF2018   Soybean Mini Futures (Jan 2018)
Pivot Points Gartley
2
0
pivotpoints gartleypattern
Jan Soybean maybe turning back up off new pivot point. Target R1 at 1006. Gartley pattern still holding. Once harvest is in, may see market strengthening.
Comment:
R1 reached today, but a fall through pivot the other way suggest possible fall to S1 at 968'2. Beans has fallen through up trend.
Comment:
Beans didn't make the R2 position, but now falling and possible Bullish Gartley might come due. Next downside for bears is S1 at 968'2, then S2 at 956'5.
Comment:
Bears pushed beans right on to 968'2 S1 and closed here. Next downside target for the bears is S2 at 956'6
Comment:
Soybean plummeting heading for 940
Comment:
Rains in South America keep Soybeans low. China limiting imports to 1% down 1%. Wouldn't be surprised to see a double bottom at 932. Probably will get a rebound on Friday for profit takers.
Comment:
Soybeans rose up today with profit takers. Next upside target 971'6
Trade closed manually:
Beans continue to look bearish. Moving on to new contract.
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