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LEONES
3 lis 2014 19:39

SOYBEAN MEAL (ZMZ2014) back to median line Short

Soybean Meal Futures (Dec 2014)CBOT

Opis

SOYBEAN MEAL (ZMZ2014) is pulling back to the median line. 345.0 is the target. The recent price action (from 28Oct2014 to 03Nov2014) is a reversal pattern that can be better evaluated in the hourly chart.
Komentarze
LEONES
Stopped badly on this trade - beans moving higher strongly - bulls in control
Kumowizard
This one is a bit dangerous to short I think. All agri products seem to reverse previous daily bearish trend.
LEONES
I agree but have a look at the hourly chart and you will see something interesting there. I espect one bullish reaction tomorrow as a good opportunity to enter short. I need to revise the entry point.
LEONES
yes you were right -got a hit!
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