Soybeans first resistance at 896/895, and although we are oversold short term, we could fail here to retest support at 890/889. A good chance of a bounce from here again today, but longs need stops below 887 to target 882/881. We are in fact trying to build a 3 week recovery, but if we cannot hold this support, it looks likely bears will re-take control.
First resistance at 896/895, but above here targets resistance at 900/901, and we should struggle here, but if we continue higher, look for resistance at 907/908. A high for the day expected if we reach this far, but above here targets 915/916. If we continue higher, last week's high at 919/920 could hold a rally again this week.