November 2023 Soybeans

November23 Soybeans – Weekly: *The 13.98 to 14.22 area is a critical point for Nov23 beans and is a place that deserves some risk off attention* Using the swing high at 14.48 to swing low at 12.17 for retracement targets. Initial targets looking at 13.98 to 14.22 area. Will look at each retracement level for targets up to the 162% retracement of 15.91. Could look at a courage call at 16.00 and place targets accordingly…
Risk going into Fall of 23’ is identified at 12.00 to 11.50