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CBOT soybean November contract may retest a resistance of $13.28-3/4 per bushel, a break above which may lead to a gain into the $13.32-1/2 to $13.35 range. A small wave 3 from $13.06-1/2 looks incomplete, which is expected to travel to $13.32-1/2, its 161.8% projection level. The market is experiencing a correction, t
CBOT soybean November contract (SX26) could retest $13.28-3/4 per bushel; a break above may target $13.32-1/2 to $13.35. A wave 3 from $13.06-1/2 is described as incomplete and expected to travel to $13.32-1/2.