Re: Soybeans : Critical Point 1105.1

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In Response To: Soybeans : Critical Point 1105.1 *LINK* ()

My weekly charts show a nice set up for a contrarian trade. The trend is down, so a buy is possible. I did a good one yesterday, made $296.00 a contract on it. I finally have enough margin to do these.

If we can get a close above the 9 week moving average (11636), we should be able to continue to contrarian trade to the 18 week MA (12364) If there is a close above the 18 week then we may have to consider there has been a change in the direction of the trend and adjust accordingly.

That is what I am dong, anyway.

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Soybeans : Critical Point 1105.1 *LINK*

Re: Soybeans : Critical Point 1105.1

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