machintose

Week 12: ZSK2021 Ranging with a slight bullish

CBOT:ZSK2021   SOYBEAN FUTURES (MAY 2021)
Last week our target at $1440 had not been achieved, the price went down and made a retracement at the end of the week.
Overall it is not a Sell yet, we are still within Buyers area ($13.90 to $14.24).
The immediate Decision Point (DP) is at $14.24 where if it breaks, then we anticipated that it will go to our $14. 40 level (which we will sell).
If it doesn't break, then it will range within the buyer area.

My view remains the same as last week, we look for the opportunity to short and feel free to scalp it while it is ranging.
If you have a different view, let's discuss it at the comment area below.