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Soybean chart
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NEIAAG
Posted 11/3/2025 06:55 (#11422570 - in reply to #11422511)
Subject: RE: Soybean chart


JC STONE - 11/3/2025 05:42

Price zoomed the median line . Are we good to go or is it on a close only basis that matters. Extremely overbought niw.


Rule of thumb for price reading ---> "When price goes vertical, the move is half over". So instead of joining all frothiness when the markets moves abruptly, looking over your shoulder to see what you are missing is more important than getting joining the party and being blinded by a headline. Most grains remain looking for their major lows. Until those are found, looking over your shoulder after frothtiness, is prudent and wise..IMHO

Take care
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