- fbm maintains it sideways stance, within 60-80 this week. Cautious toward the end of the week as prices near record high after bouncing off 7SMA support,
- no fresh higher band this week for a lack of clearer external direction . A resumption of uptrend must come in the next 2-3 trading days . Otherwise, pullback mode.
- 1570 will separate the bulls and bears , with 65 and 75 as next major breakout mark next week.
- Trading above 80, if any, next week is likely to see 1600. Below 1570, sideways mkt within the two horizontal line
Financial Markets Will Move To Asia
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Chicago, they invented the Soybean futures contracts. But now, China uses
more soybeans than ... *READ THE REST OF THE ARTICLE ON THE NEW WEBSITE:
JIM ROGE...
5 years ago
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