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Soybeans Unexpectedly Recovers All Of Friday's Losses

Published 04/26/2016, 02:55 AM
Updated 07/09/2023, 06:31 AM

Soybeans CME Chart

Soybeans first support at 993/992 but below here targets minor support at 980/979. A break below 977 targets strong support at 968/967. Try longs with stops below 963. Failure to hold above 966 however targets 960/959.

Holding above 92/993 targets 1002 before minor resistance at 1008/1009. If we continue higher look for a retest of 2 day highs at 1018/20. A break higher today retests last week's high at 1034/35.

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