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Jan 13, 2017 2:08 AM

Soybeans Up Sharply Long

Soybean Futures (Mar 2017)CBOT

Description

Thursdays report came in today. March Soybeans up sharply with a bullish USDA report pushed down production estimates lower than expected. Changed pattern from butterfly to Cypher pattern with extension. Next target for bulls is in the 1060 area.
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