ReeceRingnald

Fibs suggest lower on SOYBEANS (4hr)

Short
CBOT:ZSK2020   SOYBEAN FUTURES (MAY 2020)
Multiple rejections of prior swing tests on Soybeans suggest lower. My first target would lie at a modest -2%; but we could see much lower if we break below the low. This is a 4 hour time-frame, thus don't use this chart as a super-long reference.

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