January Soybeans - Daily

4 thg 12, 2022

January23 Soybeans – Daily: Back to a daily chart with a few weeks remaining on the Jan contract and trying to narrow the focus for end of year contract activity. The break above the black downtrend line was short lived, Thursday’s close found support at the red Tenkan line. Monday & Tuesday need to come out strong and sustain price above the cloud at 14.42 and more importantly the blue Kijun/black downtrend line currently at 14.47. Support below at 14.05 and a break below the cloud and uptrend line has end of contract risk at 13.45-13.30 area…