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Jim Wyckoff

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Soybean bulls shift into high gear

January 21, 2022 by Jim Wyckoff

See on the daily bar chart for March soybean futures that recent strong price gains have restarted a price uptrend and prices are near the contract high. Bulls have gained solid technical power to suggest more upside for prices in the near term. There are no early clues to suggest a market top is close at hand. Stay tuned—Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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