Grain Report Chart of the Day

Soybeans are at an important level.

The declining 200-week Moving Average; the previous supply between 1180 and 1200 needs to bring in buyers.

I doubt it holds, but meh.

Watch oil.

 

 

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.