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Frytown, Iowa | If price closes above the top line we would have a good chance that the down trend is done and a shot at the large forks median line would be 80%
The lower line of the 2 is where sellers "stepped" down and where I expect them to defend.
Basically in beans there is little upside and don is correct in that we didn't see this coming as there are still draws for lower price. But don didn't see this either. He's JUST getting long now.
Now is not the time to get long in soybeans
If beans can hold this position for a while it may drag corn up
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Bean charts?
