-out of bears territory thanks to strong commodity tone today following CO surge above $.100.
-late selling activities pull fcpo back under 3600 but bulls can cheer as mkt is back above 7SMA, meaning a breakdw scenario under 3400 will take a back set first. Mkt seen venturing into sideways with resistance testing scenario. 3500-3700 seen this week. A reversal of Feb11 dwtrend seen if > 3700.
-bullish if above 3500
Financial Markets Will Move To Asia
-
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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