Soybean future

Commodity and Futures - Physical commodity and financial futures markets. 

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Subject Author Date Soybean future Casper 08-01-2006  Re: Soybean future ProfitMaxTradin... 08-01-2006
Posted by Casper on August 1, 2006, 12:24 pm Who big brother have idea about soybean future? Please advise. Cheers, Posted by ProfitMaxTrading.com on August 1, 2006, 12:49 pm My long-term outlook is still overall bearish for Soybeans. The oversold price target area is to drop below 562 (front month), with high probability of finding significant long-term support around the 554.00 price area. The long-term picture does not deal with the short-term market gyrations. Weekly cycles indicate that week 8/4 is a time period to watch for possible change of the weekly trend. Whether this turns weekly prices up temporarily or results as a gap/acceleration in the current direction we will soon see. But it is the long-term I'll be watching for now. Once price reaches that zone, it will be a nice opportunity for me to buy some calls. All the best, -- Cheers! Rick J. Ratchford ProfitMax Trading Inc. http://www.profitmaxtrading.com "If you could see tomorrow, today... would you take it?" > Who big brother have idea about soybean future? > > Please advise. > > Cheers, > > Similar Threads Posted 100*Aug06 Soybean Meal - 600*Aug06 Soybean Oil. June 19, 2006, 4:31 pm 100*Aug06 Soybean Meal - 600*Aug06 Soybean Oil. June 19, 2006, 4:31 pm Get on with your future February 23, 2007, 2:26 pm Get on with your future February 23, 2007, 2:27 pm This is the Future July 15, 2008, 8:22 am Bund Future October 21, 2007, 7:24 am INVEST NOW FOR THE FUTURE November 9, 2006, 10:01 pm The Future Looks Bright for BBH April 7, 2007, 4:11 pm future &option May 1, 2007, 10:16 am Your financial Future June 5, 2007, 11:04 am