- No big technical development here yet but beginning to look like it's poised for a move.
- Weekly - 4 weeks of rally now, only strong enough to take us to the middle of the triangle range on the chart. Recent candles taken together look like running out of steam on upside + spike top last week looks unchallenged. So, big SHS top still on. NL at 903 this week.
- Daily : SK0 last 964. Stop out above 985. Sell on break below downside support at 951. My average in rate on short SK0 is 952.6.
03 March 2010
Soybean : Weekly Bear Flag
Labels:
COMMODITIES,
Core,
Soybean
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