Kumowizard

No action in bearish channel since Aug/2015

Long
CBOT:ZS2!   SOYBEAN FUTURES (CONTINUOUS: NEXT CONTRACT IN FRONT)
1
Weekly:
- Huge bearish channel , but not much price action seen since Aug/2015
- Ichimoku setup is still bearish , strategic reversal level is ard 960
- Heikin-Ashi shows hesitation, with haDelta positive divergence
- EWO also have minor positive divergence

Daily:
- 855 key resistance worked again, price pops, making Ichimoku neutral
- Key reversal level (upper supp/res) is ard 880-890! Watch trendline, 100 WMA and Kumo!
- Heikin Ashi is bullish