hopscotch

Soybean Meal Bearish Butterfly

Corto
hopscotch Actualizado   
CBOT:ZMH2018   Soybean Meal Futures (Mar 2018)
A potential bearish Butterfly for Meal crossing over pivot. Upside target R1 at 341.6 where RSI should top out.
Comentarios:
SM almost reached 336. An end is near for SM with the long wick.
Comentarios:
SM turn on R1 as projected. Downside target pivot for now. May not reach S1. 20 day moving average might be full retrace at 325
Comentarios:
Meal looking at a brief retrace before continuing up. We may only get a retrace to pivot at 328
Comentarios:
Meal still looking at pivot.
Comentarios:
Noting new to report. No clear direction. Could be a fall, or another upside move. Pivot right now is target.
Operación cerrada manualmente:
New pivots have formed. Going to new chart outlook.

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