|
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."
| |
|