Any comments on the chart for Soybeans. It appears to have
5 waves down and positive divergence on the MACD and RSI. It has
declined 20% in the last 3 months and I know it is due for a
bounce. Corn appears to putting in more of a bottom, but not sure
if you see anything on soybeans.
magann14..that looks realistic. Now you need a trigger. It
will take some work to dissipate the downside momentum. I should
add that I have no experience trading beans.
Soybeans
Posted by magann14 on 27th of Aug 2014 at 11:20 am
http://stockcharts.com/h-sc/ui?s=$DJASY&p=D&b=5&g=0&id=p76211851433&a=365350526
Matt or Steve,
Any comments on the chart for Soybeans. It appears to have 5 waves down and positive divergence on the MACD and RSI. It has declined 20% in the last 3 months and I know it is due for a bounce. Corn appears to putting in more of a bottom, but not sure if you see anything on soybeans.
magann14..that looks realistic. Now you
Posted by steve on 27th of Aug 2014 at 11:38 am
magann14..that looks realistic. Now you need a trigger. It will take some work to dissipate the downside momentum. I should add that I have no experience trading beans.
Thank you
Posted by magann14 on 27th of Aug 2014 at 12:19 pm
Thank you