Soybeans : Critical Point 1401.75

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Hong Kong Qindex 05:34 GMT January 10, 2011
Soybeans : Critical Point 1401.75: Reply
Soybeans : Critical Point 1401.75

As shown in the distribution profile of the monthly cycle probability chart 1401.75 is a critical point. A projected resistant barrier is positioning at 1431.25 // 1451.50. The monthly cycle congested area indicates that the market has a tendency to trade within 1094.75 - 1422.25. The market is under pressure when it is rejected from the upper barrier at 1401.75 // 1425.50. Speculative selling pressure will increase when the market is able to trade below the monthly cycle pivot center at 1258.50.

Soybeans : Monthly Cycle Charts
http://www.qindex.com/soybeans.html

Soybeans : Monthly Cycle Charts

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