2 min read Grains special update

Soybeans and the 78.6% Retracement 7/12/23

Soybeans and the 78.6% Retracement 7/12/23
Photo by Kelly Sikkema / Unsplash

Soybeans


November Soybeans have already had a $1.20 and 70 cent break from the 78.6% retracement at 1381.00. It also made higher highs and higher lows on this run up from the 5/31/23 low which is a strong sign, however they are up into the zone that you have to pay close attention to.

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