Kumowizard

No action in bearish channel since Aug/2015

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CBOT:ZS2!   Soybean Futures
1
Weekly:
- Huge bearish channel, but not much price action seen since Aug/2015
- Ichimoku setup is still bearish, strategic reversal level is ard 960
- Heikin-Ashi shows hesitation, with haDelta positive divergence
- EWO also have minor positive divergence

Daily:
- 855 key resistance worked again, price pops, making Ichimoku neutral
- Key reversal level (upper supp/res) is ard 880-890! Watch trendline, 100 WMA and Kumo!
- Heikin Ashi is bullish


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