Soybeans peaking (update) Short

CBOT:ZSN20141D

Soybean Futures (Jul 2014)CBOT

Description

⋅ May 12, 2014 8:59 PM

Soybeans ZSN are forming a top. Typical seasonal peak is in June/July but this might be earlier. Chart pattern (M top) and RSI divergences are supportive. Targeting 1394.0 in one week time.