Soybeans holding above 950 keeps hopes of a recovery alive and targets first resistance at 955. However we should struggle here and a high for the day looks very possible. If we manage a break higher look for the next target of 958/959. This should hold a move higher today but on a break higher perhaps later in the week look for selling opportunity at 961/962.
Failure to hold above 950 keeps market in a negative trend and targets 947 then 945/944. Be ready to go with a break below here to target 942/941.