Soybeans November struggling to maintain the bull trend. We will need to recover 1232 for a chance to reach 1240/41. A break above 1243 is more positive & targets strong resistance at 1249/50 today for an excellent selling opportunity.
Failure to beat 1231/32 keeps the market under short term pressure for support at 1219/18. If prices continue lower look for a move towards 1210/09. Any further weakness this week offer an excellent buying opportunity at 1201/1199.