Kumowizard

The weakest agri, with some interesting divergences

CBOT:ZS1!   大豆先物(当限つなぎ足)

d- No doubt, Soybeans is absolutely the weakes in agri space, it is quite bearish. However there are few interesting signs, which call bears to be cautious.

Weekly:
- Bearish Ichimoku
- Bearish Heikin-Ashi
- Bearish EWO and MACD
- Only questionmark is the 909 key supp/resistance level

Daily:
- Bearish Ichimoku
- Counter trend (swing) bullish / neutral Heikin-Ashi
- What makes me think is the possible bullish wedge formation in combination with quite relevant positive ivergence in EWO and MACD
- Keye reversal levels are: 928 and 946

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