Posted 9/5/2020 21:11 (#8478141 - in reply to #8477989) Subject: RE: Soybeans long term Monthly (January)
C IL
Spikes,
If price pulls back in the next few weeks, would you expect it to test the blue down trend line that we just broke thru? Would you treat that as an AR line?
Also, can you explain the significance of the 25% retrace that you use so often? It does align nicely with the 10.80 area that was resistance from several different years...