LineKing
Short

Soybeans at crucial day

CBOT:ZS1!   SOYBEAN FUTURES - ECBT
19 2 0
Can it be the first AG to show any signs of life? Still remains heavily skewed towards downside
Comment: A hold today at Support gives it a chance of at least testing top of Channel to see
Chumped out for a < $1. Trade still looks good.Would be b/e as now at R.

May risk another tight entry if current confluence at 880 holds after tomorrow morning's open (a retest of R becoming S) to see if next TL can be challenged.

Otherwise, looks a clear cut channel top hold. Would look to short if breaks (And closes) HZ S @ 870 for retest of channel bottom (see prev comments on the AGs - they remain solidly bearish).
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Order placed at Gap fill (Mar). Stop 855. Pure R/R play. Additionally, a shallow inverse H&S could be in the process of forming
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