Hmmm....very interesting to me. Price bounced at the L-MLH. It produces what I call a corner. And if I throw a fork on it, it fits the "edge". Letting it come back and try to hop on to the long side. P!
Breaking down from a corrective move suggesting the the down trend will resume.
Weekly net soybean sales were 1,609,900 MT, a 21% increase from last week and a 62% increase from the prior 10-week average. Increases were reported from China, Mexico, the Netherlands, Portugal, Vietnam, and South Korea. finance.yahoo.com seekingalpha.com