4 min read

Soybean/Corn special update 8/16/22

Soybean/Corn special update
Photo by Bannon Morrissy / Unsplash


From Friday,

The long term target on a break from 1545.00 will be 78.6% of the move up and that is 1356.00. As always, we watch all the retracements on every move to see just how weak, or strong the market is regardless of the longer term target, so any break from 1545.00 that holds 38.2% at 1459.00 would be extremely positive and you can look for a rally that goes for new contract highs. There is also a major Gann square at 1466.75 for added support.

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