March Soybean Head and Shoulders

It appears Soybeans has created a last shoulder of an H&S. Now at pivot. Neckline at 890. Projected fall to height of last shoulder below S2 868'2. Possible double bottom at S3 845'2.

Yorum:

Soybeans nearing H&S neckline. Will it continue through and down to S1, or will it rebound? Concerns on Chinese purchases are driving the market down.