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central ontario | Last week's break was of a much stronger nature taking out support on beans that was the 9.97 area and now we have another break just as important from the meal side that last week has taken out the 12 month old up trend line that could spell more selling for the specs.
On the daily May soy chart we are approaching oversold with an RSI reading of 17 one of the lowest readings in the last 10 months for the May contract.
Anyone that bought an RSI reading below 30 in 2016 made money,this year? | |
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Conan,David,155 ,fry and everyone Beans and Meal
