soybean !!!

[ronnimar]

what can we say ?
the soybean is in a strong uptrend !!!
there is a bearish div. but only a break bellow 1017.75 will defer the scenario !!

[ronnimar]

when i started this thread,on the 25.8.07 the soybean future was 850 points.
today 3 month later , the future (x7) is at 1100 points.
250 points higher
+12500$

[ronnimar]

soybean !! another +5% in 3 weeks.
(zsf7=1157).

[ronnimar]

i'm a bit embarrassed to say,but the soybean is flying high
all the time.
imo,it is wave 5 of 3 (in the weekly chart.)

[ronnimar]

here is update on soybean.
relabel the wave count.
so in a nutshell. the price is it wave 5 (intermediate)
and i think the target is in 1500 +/- area.

[ronnimar]

Originally Posted by ronnimar

so in a nutshell. the price is it wave 5 (intermediate)
and i think the target is in 1500 +/- area.

1505 and no sign for slowing down.
it look's to me w:3 of 5 of larger degree 5
what a bull market !! its been for the last 1.5 years !!

[ronnimar]

in the last month, the soybean,is in a correction phase.
here is a possible scenario for the correction ?
contracting or symmetrical triangle.
let's see how it will unfold ?

[ronnimar]

Originally Posted by ronnimar

here is a possible scenario for the correction ?
contracting or symmetrical triangle.
let's see how it will unfold ?

for the time being ........
so far so good !!

[ronnimar]

Originally Posted by ronnimar

here is a possible scenario for the correction ?
contracting or symmetrical triangle.
let's see how it will unfold ?

as it look's the counting is o.k so far !!
so,we are at w:c of the contracting triangle !!

[RebateFX.com]

I say screw the technicals. Everyone trading these commodities should all short at once to give a chance to people in poor countries to eat again.