The closing monthly price matters more than the weekly closing price, which matters more than the daily closing, which......
Well, you get the picture.
Soybeans found resistance this month from the declining 50-month moving average.
Not bullish.
I cover this technical setup and specific price targets in depth in the Klarenbach Grain Report.Â
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Trent Klarenbach, BSA AgEc, PAg, publishes the Klarenbach Grain Report and the Klarenbach Special Crops Report.                                                                                                                                                                                                                                                                                                                                                                                                         Â
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