Remko
Short

CBoT soybeans worth a short from here

CBOT:ZSX2016   SOYBEAN FUTURES - ECBT
13 0 3
Soybeans:
Price is following our preferred path only reluctantly and the earlier drawn 'bear-flag-pattern' is far from perfect. Still, we keep our eyes to the downside for this price and we have even trailed our target a bit down to the 870/850 zone which is some 10% below the current value. We should allow price to trade a bit up from here to the 1020/1025 zone where it would trade into a resistance area and an overshoot to the 1030/1035 will be tolerated as well. If price would break latter level to the upside we would have to return to our drawing boards and reconsider our bias.

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out