Soybean Futures (Nov 2021)

November 21 Soybeans

75
November21 Soybeans - Daily: Busy chart with lots going on. Gray arrow points to multiple technical points coming together to mark the high of day on Nov21 beans acting as tough resistance. The gray uptrend line, the red pitchfork, and blue Tenkan line all at once stopped the Post report gains. It will be important for the bulls to close above this area in the next couple of trading days. Resistance above at 13.22.
Lower support would target 12.46-12.25

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