Soybean Futures discussion

Oct 8

Good buying opportunity for Soybeans..

Aug 26

We think Soybeans towards $1012 for now & then going for $1180 finally.

Feb 25

Model based analysis.

Election of weekly Bearish Reversals (proprietary model) points to filling the reversal gap towards the 1047.5 level.

There is a unelected monthly bearish major reversal at the 1216 level. Expect price to retrace to within 1% of this level either for monthly close or after monthly close.

My trade strategy is open short position at market price 26/02/24 with stoploss at 1.5% of trade execution price. Take profit at 1050$.

If trade is stopped out reenter trade at 1216 level with stop at 1.5% and take profit at 1050$ again.