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Jan 17 soybeans
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djmcountryboy
Posted 12/3/2016 21:05 (#5674087)
Subject: Jan 17 soybeans


Mascoutah, Illinois
December 1st, Jan soybeans held the $10.23 support area hitting a low of $10.22 before bouncing higher on Friday.

Look for a move to $10.43-$10.44 in the near term.

Two closes above the $10.43ish area should net a retest of the recent high of $10.65.

If we can recapture $10.43 and $10.65, I would set my next upside objective at $11.08.

Lots of work to do to see $11.08.

Two closes below $10.23 would be ugly unless you are a "bear."

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