Soybeans/Corn/Wheat Congesting; April/May ’23 Cycle in Focus.
09-30-22 – “Soybeans, Corn & Wheat are mixed (remaining in congestion) with Soybeans confirming a top as Corn & Wheat remain in the upper percentiles of their 1 – 2 month trading ranges. In the case of Soybeans, the weekly trend (down) and wave structure (corrective wave after 5-wave advance) argue for another decline that would likely take them down to […]
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