Daily Technical Spotlight - May Soybeans

Bulls lose overall near-term technical advantage and bears have momentum to suggest more pressure this week......»»

Selling "exhaustion hail" on Tuesday strongly suggests a market bottom is in place. But bulls not yet showing the power to suggests a price uptrend can be sustained......»»

Recent gains suggest market bottom in place and that prices can continue to trend sideways to higher......»»

Bears have momentum to suggest more downside pressure info the end of the year......»»

Bears have solid near-term technical adbantage. More good price strength late this week would suggest a market bottom is in place......»»

Bulls fade rgus week as price uptrend line negated. Bulls need to step up and show power ro aviod serious near-term chart damage being inflicted......»»

Bulls have slight overall near-term technical advantage amid choppy trading this week. Bulls need to show more power soon to keep their technical edge......»»

Bulls have overall near-term technical advantage but trading turns choppy again......»»

Bears still have firm overall near-term technical advantage. Some normal short covering seen recently......»»

Bulls have solid overall near-term technical advantage amid price uptrend. Path of least resistance remains sideways to hignher in the near term......»»

Price downtrend in place. Bears have firm technical advantage. Path of least resistance remains sideway to lower in near term......»»

Bulls again technical strength amid safe-haven demand for U.S. Treasuries. Strong upside price action suggests near-term market bottom in place......»»

Bears have momentum to suggest more sideways-to-lower trading in the near term......»»

Bulls have near-term technical advantage as prices push above resitance area to set 2.5-mo. high......»»

Bears regain control of the market, to suggest more downside price pressure in near term......»»

Bears again power and re-establish price downtrend line......»»

Bullish selling "exhasution tail" created Tuesday still strongly suggests market bottom is in place......»»

Bulls agin firm near-term technical advantage after bullish upside "breakout" from trading range......»»

Bulls fade as price uptrend in jeopardy of being negated......»»

Bears still have firm overall near-term technical advantage despite some short covering seen recently......»»