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Soybeans

SOYBEAN FUTURES (ZS1!) MonthlyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
CBOT:ZS1!
by Dinjin
Betting on China- Possible double bottom on soybean futuresBank Of America CEO and some other people are trying to tell us that china manufacturing is coming back online and their whole economy is recovering. So based on this apparent fact, we can make a safe bet that we could see a possible pump on soybean buying. especially with the devastating storms in the east coast and the bad weather in south america. That's going to destroy the supply of soy bean as mounting demand come back. Now this is all based on the factor of china economy recovery and the weather taking out soy bean farms. Entry 858 1st Target 868 2nd target 882 stop loss 850
CBOT:ZS1!Long
by WallSt007
Soybeans : Over Minor ResistancePrices of Soybeans are seen to be above the minor resistance. (9.118) Although it may contain a slightly lower risk / reward ratio, it may be more profitable in low time-frame periods. Those traders who want to be more safe can enter after a period of 1-2 weeks if prices below the resistance status is clear. Furthermore, the highest basis of this analysis is the idea that both sides will make concessions in the trade wars between the US and China (My personal opinion). Parameters : Position Size : %1 Risk / Reward Ratio : 2.11 Stop-Loss : 8.75 Target : 10.256
OANDA:SOYBNUSDLong
by Noldo
2
Soybeans Head and Shoulders Setting Up?The chart for Soybeans looking very attractive right now. On the daily chart, we have an engulfing candle at a major flip/resistance zone. This has garnered the attention of any technical traders. Moving down on the 4 hour, we get a clearer picture. We have been in a nice uptrend with multiple swings, higher lows and higher highs. This trend began to exhaust at the resistance/flip zone and we have had multiple red candles. Looking for our first lower high confirmation here, and this would come in the form of creating a head and shoulders pattern. So overall many good confluences for this trade, just awaiting the break of the neckline/support. Would be looking to take profits at the 9.00 zone on this instrument. Around 935 on futures.
OANDA:SOYBNUSDShort
by Uncharted-FX
Long Term Prospects for SOYBNUSDThe SOYBNUSD, symbol ZS, is in a Bear Market Rally within a long-term Bear Market with price trading above the 50 week ema, but below the 200 and 800 week emas. The long term emas are mostly flat, signaling accumulation / distribution. The price action appears to be finishing up the c-wave of an x-wave before a final y-wave down. The long upwards candle wicks, the testing of the 200 ema, and consecutive dojis are all confirmation that a top is being putting in. This would correspond with a long-term commodities bottom expected in 2021. The Market is in a Bear Market Rally on the daily, with price above the 50 ema, which is above the 200, but still below the 800 ema. The 50 ema is up-trending, but the other long term emas are mostly flat, signaling an accumulation / distribution range. Price is topping out having just completed an evening star pattern, but has yet to close below the 13 ema. Price has yet to break the uptrend line, so expect sideways price action, and another stop test of the high, with a trend break, confirming a sell off. The Market is in a Bull Market on the 4 hour, with price trading above the 50 ema, which is above the 200 ema, which is above the 800 ema. After a Dark Cloud top, price traded down below the 50 ema on the four hour, formed a doji, and will likely reverse back up from here. Probably trade up in the coming week to finish out an M-Top formation, before resuming the greater down-trend. This is my SOYBNUSD look ahead for my own trading purposes. FUTURES trading involves risk. Feel free to comment, but trade off of this post at your own peril.
OANDA:SOYBNUSDShort
by Cincinnatuus
Elliott Wave View: Soybean Impulsive Rally Favors UpsideSoybean (ZS_F) cycle from May 13, 2019 low shows an incomplete 5 swing sequence, favoring further upside to end 7 swing double zigzag structure. On the 4 hour chart below, wave (X) ended at 867.4. Wave (Y) higher is unfolding as a zigzag Elliott Wave structure where wave A of (Y) remains in progress. The internal subdivision of wave A is unfolding as an impulsive structure. Up from 867.4, wave ((i)) ended at 903.4 and pullback in wave ((ii)) ended at 888.2. The instrument has resumed higher in wave ((iii)) towards 950.4 and pullback in wave ((iv)) ended at 938.4. Expect wave ((v)) of A to end soon. Afterwards, Soybean should correct the cycle from December 3, 2019 low within wave B before the rally resumes. We don’t like selling the proposed pullback and expect buyers to appear in the sequence of 3, 7, 11 swing for more upside as far as pivot at 867.4 low stays intact. Potential target higher is 100% – 123.6% Fibonacci extension from May 13, 2019 low which comes at 1021 – 1057 area.
CBOT:ZS1!
by Elliottwave-Forecast
Soybean Short - Corrective wave confluenceLooking for a possible short on Soybeans down to an area of support and confluence of the channel downward channel. at 882. We are currently hitting year long ascending trendline bottom that we broke and have yet to retest, as well as the 38.2% fib entrancement level of the larger move. Price has seemed to lose momentum at this level. looking to price action for confirmation that a move to the downside is probable. This could break through that year long trendline and we could be looking for a move to test highs at 940, if not looking for TP at 2 levels, 882 and 855
CBOT:ZS1!Short
by amirtrades
Soybeans - Short | Bearish trendSoybeans has been getting pummeled the past month with aggressive selling. the past few days, soybeans has experienced a final breather and has been in a smaller corrective wave. Currently at the top of the channel after this wave, looking to see if the channel holds, otherwise looking for a breakout and retest of the channel to the long side. If price holds at top of channel and a confirms price will move back down, looking to 860 855 level as that is a strong support level.
CBOT:ZS1!Short
by amirtrades
SOYBEANS - DAILY CHARTHi, today we are going to talk about Soybeans and its current landscape. The Corn and Soybeans could (or not) give a sweet surprise for investors and U.S farmers as the Corn Belt it's poised to once more fall on Donald Trump grace, after a tough year for farmers, that already it's been hurt by the ongoing Trade War between U.S and China, and felt backstabbed by the government since the negligence of the government in obligate smaller oil refineries to respect the requiring quota of biofuel use, which resulted in a restrained demand growth and a squeezing of prices. Now, after the walk through the darkest valley, U.S farmers start to once more see the light as Trump, seeking to regain their trust and votes from the region that back in 2016 supported him to the most. The President has been using the so-called "phase one" of this attempt of Trade Deal to force China to buy $50 billion of their agricultural goods, Trump it's wanting so badly to reclaim its title of champion of the farmers that it's pushing to the signature of the deal, to be on the farmer state of Iowa. The only thing in the way is to the deal be concretized, which might just get a bit harder as Trump has signed Hong Kong Human Rights and Democracy Act of 2019, giving support to Hong Kong protesters, and most possible dragging China ire towards the U.S considering the sensibility of China regarding its internal affairs. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
OANDA:SOYBNUSD
by Igor-Silva
1
Soybean, possible long set upOANDA:SOYBNUSD chart on daily time frame interestingly forms an inverse head and shoulder pattern and makes quick breakout upwards. We are yet to test the support and see if it can bounce of that levels. Currently its at a short term resistance zone where a lot of price action has taken place in the past. The story so far, we saw a dramatic and sharp fall in prices, then the price got into a rectangle like sideways formation where it tried to exit the channel and failed. This pattern being a bearish formation, was more like to exit downwards and so it did. Post the downward break, it got into forming an inverse head and shoulder pattern, Please note that since this formation is made after a good fall in prices, there is a fair probability that the prices could have bottomed out OBV and RSI also having an upwards slope. Interesting to watch how price reacts from here. Look out for LARGE CANDLES and VOLUME. These could be excellent times. If it doesn't breach current resistance (Blue zones) and drops to support levels (pink zone), wait for the bounce back of support to take long position with stop loss right below the peak of the right shoulder . Take profits initially as prescribed various higher Fib levels If you like what you read, please share a thumbs up. Your comments will also be highly appreciated. Cheers
OANDA:SOYBNUSDLong
by LoveForCharts
SOYBEANS WEEKLY ANALYSIS - PRICE HAS FINALLY BROKEN OUT OF RANGEFinally! Soybeans has broken out of the range its been trading at on the weekly time frame for almost a whole year. Wow. Will price continue to go up? Probably, I'm going to wait for a delicious retrace before entering long. Now since this is on the weekly time frame this might take a week or two before a setup emerges. Be patient, wait for confirmation, wait for the bulls to show their hand and the bears to fold. Trade with the trend friends. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com ForexShinobi
OANDA:SOYBNUSDLong
by FXShinobi
SOYBNUSB Long and ShortLooking at the long term chart, soybeans are poised to make an aggressive move to the upside. However, this can happen in two flavours: a failure at the 9.224ish level followed by a correction and an extension of the building divergences, or, a break past that level followed by more upside. If the price hits the aforementioned price target and stalls out or piddles across on low volume / weak price momentum, then it would be wise to go short. At that point, soybeans will likely retest the 8.061 level and power on up from there. The other scenario is that soybeans cross above on a decisive move and continue further. There may be a pull back and retest of the wedge's current resistance but either opportunity will provide an objective long entry. For this trade, SOYB will be the vehicle of choice.
OANDA:SOYBNUSD
by BigMouse777
2
Corn to make a Head and Shoulders Pattern? Bullish Agriculture!I have been trading the agricultural commodities much more lately. On a long term approach (investing) I am bullish agricultural because I see food supplies diminishing due to weather. Just this Spring and Summer, crop yields did not produce as much as before and according to information on Martin Armstrong's blog, farmers planted crops late in the East due to a lingering winter. I expect these weather uncertainties to keep occurring. Soil in the west is also diminishing. This can easily be remedied through things such as Zinc and other things like phosphate etc but don't want to get too scientific here. What this means is that in the future we will likely transition to indoor/greenhouse farming. Another bullish aspect is China. If you follow my work, I have said the only reason China would come to make a trade deal/truce is if their credit problem worsens, and if their food issue worsens. China has been hit hard with the swine flu and the army virus and the government is subsidizing food prices, especially pork. This could be a more short term/intermediate term catalyst. Onto the charts. A good confluence for Corn. We hit a major support/flip zone at around the 3.45 zone. You can see the downtrend with its lower highs and lower lows. They are well defined. Remember, by definition once a lower high swing is broken and we stop making new lower lows, the downtrend is now nullified. We either range or begin an uptrend. We can see the lower high swing at 3.60 was broken and also retested. Buyers are coming on here. On the daily we are now awaiting our first HIGHER LOW swing in a possible new uptrend which we could have here. This would make a head and shoulders pattern and the confirmed higher low swing once we break above the neckline at the 3.70 zone. Overall this is looking good. We could see a move up to the 4.00 level.
OANDA:CORNUSDLong
by Uncharted-FX
4