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mtb1980
Feb 3, 2021 3:19 PM

Soybeans (March21) have a decision to make 

Soybean Futures (Mar 2021)CBOT

Description

March Beans – Daily: Beans have been consolidating into a symmetrical triangle. You can see at the right there is a high amount of volume in the current price range. A break below would target 12.09. A break above, would first test the 13.95 area and then the 14.36 high. A move above 14.36 would then target the 16.60 area. Bull’s, re-read that. First need to take out 13.95 then the 14.36….
Watch for high volume on breakout moves and be careful on any fake outs.
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