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Frytown, Iowa | New crop soy... The upsloping fork is still looking good. Could be last swing up for a while... but where does this swing stop? The downsloping fork has a hagopian... I would think this was a hagopian unless price dropped limit down tomorrow.
Right now there is a small blue dashed line up by 10.60... that line is the target for now. We can also reach it going sideways :( but I don't think this is a sideways market :)
Here's an update on continuous soybeans. We are here! Here at the large red downsloping trend line which is also the upper median line. It's held price 3 times now! Will it hold a fourth time or is it getting long in the tooth?
Corn has been in consolidation... lets hope the blue forks median line is the target... instead of a failure!
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 IMG_1321.PNG (57KB - 120 downloads)
IMG_1311.PNG (58KB - 128 downloads)
IMG_1313.PNG (53KB - 150 downloads)
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