Chart of the Day – November Soybeans

Jeff FosseGeneral Commentary Leave a Comment

The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, February 12, 2025 November Soybeans (Daily) November Soybeans closed down 11 ½ cents on Monday, settling at 10.44.  Last week prices tested the 200-day moving average (purple line, roughly 10.72 last week, 10.69 today) and have since pulled back some.  The 5- …