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LEONES
Jan 9, 2014 7:23 AM

Healthly Bean Meal Short

Soybean Meal Futures (Mar 2014)CBOT

Description

Soybean Meal essentially double topped between Sept and Dec 2013. Now trading below the 20EMA. The next move will be towards the down sloping median line. Watch out that trendline. Major lows a typically posted in February in the beans. Weakness across the grains.
Comments
LEONES
Stopped here - bean meal still moving higher
LEONES
Inside day today 09Jan14. Ready to drop.
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