The chart in today’s AM Update (see our website for more info on how to sign up if you didn’t receive it) showed major resistance on the long-term continuation chart at $9.59. The January soybean contract expires next week, and the March contract becomes the nearby contract. A close next week on the March soybean contract above $9.60 would be a breakout on the daily, weekly, and monthly soybean continuation charts.
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