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machintose
May 10, 2021 11:31 AM

Week 19: ZSN2021 No Sellers in the market  

Soybean Futures (Jul 2021)CBOT

Description

This week onwards we are using ZSN2021 chart.

In H4 charts we can see the rejection candle at $16.00 however there is no seller yet.
Prices are ranging in a tight range and the only sign for bearish if the price is closed at or below $15.60
For the time being, not much movement on Monday. We shall see the candle movement in the next few hours.
Comments
farmerisland
16.00 didn't hold it for very long! Things could get interesting today though with the USDA report coming out....
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