soybean !!! - page 2

[ronnimar]

when i started this thread,on the 25.8.07 the soybean future was 850 points.

today 3 month later , the future (x7) is at 1100 points.

250 points higher

+12500$

[ronnimar]

soybean !! another +5% in 3 weeks.

(zsf7=1157).

[ronnimar]

i'm a bit embarrassed to say,but the soybean is flying high

all the time.

imo,it is wave 5 of 3 (in the weekly chart.)

[ronnimar]

here is update on soybean.

relabel the wave count.

so in a nutshell. the price is it wave 5 (intermediate)

and i think the target is in 1500 +/- area.

[ronnimar]

ronnimar:
so in a nutshell. the price is it wave 5 (intermediate) and i think the target is in 1500 +/- area.

1505 and no sign for slowing down.

it look's to me w:3 of 5 of larger degree 5

what a bull market !! its been for the last 1.5 years !!

[ronnimar]

in the last month, the soybean,is in a correction phase.

here is a possible scenario for the correction ?

contracting or symmetrical triangle.

let's see how it will unfold ?

[ronnimar]

ronnimar:
here is a possible scenario for the correction ? contracting or symmetrical triangle. let's see how it will unfold ?

for the time being ........

so far so good !!

[ronnimar]

ronnimar:
here is a possible scenario for the correction ?contracting or symmetrical triangle.let's see how it will unfold ?

as it look's the counting is o.k so far !!

so,we are at w:c of the contracting triangle !!

[RebateFXcom]

I say screw the technicals. Everyone trading these commodities should all short at once to give a chance to people in poor countries to eat again.

[[Deleted]]

RebateFX.com:
I say screw the technicals. Everyone trading these commodities should all short at once to give a chance to people in poor countries to eat again.

Very true... thats what should be done... but frankly... who will do it... only a few