Soybeans Soybeans Update ONE44 Analytics where the analysis is concise and to the point Soybeans ZSH21 The Beans have now hit our long term target of 1410.00, this is 61.8% back to the all-time high. They also closed above it, so tomorrow's close will be even more important. We
Fibonacci Retracements Soybeans Update ONE44 Analytics where the analysis is always concise and to the point Soybeans The rally we had anticipated back in the summer of 2020 continues on with the majority of the hesitations at the major retracements back to the All-time high. The first area was 1030.00, this was 23.
Soybeans Soybeans ZSF21 The Beans remain extremely positive as long as they stay above the long term swing point at 1020.00, this area has a major Gann square and is 23.6% of the current rally. The target is still 1170.00, this is 38.2% back to the all-time high
Soybeans Soybeans ZSF21 The Beans are trading above our long term swing point of 1045.00, as long as they remain above it the long term target is 1169.00 this is 38.2% back up to the all-time high, also in this area is the 1160.00 major Gann square. As
Soybeans ONE44 Analytics Soybean Update Soybean still under the 38.2% rule Using the nearby Soybean chart, we can look back to the June 2016 high that was 38.2% back up to the all-time high, this level was 1207.00. The 38.2% rule is, "Any market that holds 38.2% should go
Fibonacci Retracements ONE44 Soybeans and Fibonacci The Soybeans are currently above the 200 day average at 890.50 and above our long term swing point of 885.00 based on the nearby contract. When we look further back to see what Fibonacci retracements are at work, (chart attached) we can see that the 945.00 level