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Greetings Traders!
Coming off of last weeks Fdate bottom in Soybeans, it has decided to make
quite a noise on the upside. The top of the day met up with Level #4
resistance based on the top calc for 10/7 (see attached).
As we move downwards from that resistance, a different formation is needed,
as well as day by day. So, just figuring what the next day holds, I did
another calc for 10/8.
It appears that 653 could be the next support down. As each gives way, you
look for the next.
cheers!
:)
rick
Attachment Converted: "c:\eudora\attach\beans1.gif"
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