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Re: Soybeans *PIC*
In Response To: Re: Soybeans ()

Hi Dewey,

It looks like it is blowing through the 1686 line and heading to the next higher line...located at 1737.25

There is a high aggregate tomorrow, with a directional change...the Trading cycle is green meaning it's the best time to take a long...looking at the L-Wave, it's not as high as the one on the 28th which leads me to think that the bigger turn down would be on that date with the red Trading cycle. Looking at the panic cycle the day after and the L-Wave is telling me that it would be a good move down...it also has some high overnight volatility.

I usually like to see the L-Wave line up with the High Aggregate for the turn...so it could be messy here...with the bigger move down on the 1st..

That cluster of lines at the top should be strong enough to at least get a reaction off the them. You also have price meeting time so you should see something of a turn I would think.

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Soybeans *PIC*
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Re: Soybeans *PIC*
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