March Soybeans - Daily: Trying to measure upside targets on beans seams futile on a daily scale….. But we try
From the May21’ Swing high at 14.45 to the Nov21 Swing low at 11.93, March22 Beans filled the recent target at 16.01. On the more precise scale on the right, we look at the consolidation before Monday’s gap higher to measure a primary target at 15.86 with targets up to 16.23 that were filled. From the continuous chart to the March bean chart, it appears there could be some measured resistance at 16.00 to 16.23. Above were looking at levels up to 16.73 to 17.00.
Support at 15.64 to 15.27 with Risk down a ways to 14.45.
From the May21’ Swing high at 14.45 to the Nov21 Swing low at 11.93, March22 Beans filled the recent target at 16.01. On the more precise scale on the right, we look at the consolidation before Monday’s gap higher to measure a primary target at 15.86 with targets up to 16.23 that were filled. From the continuous chart to the March bean chart, it appears there could be some measured resistance at 16.00 to 16.23. Above were looking at levels up to 16.73 to 17.00.
Support at 15.64 to 15.27 with Risk down a ways to 14.45.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.