Soybean Futures (Mar 2021)

Week 04: ZSH 2021 We are entering a ranging week

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Let's keep it short, this week the price will be in ranging mode.
The range is between $1,338 to $1,280.
If you have shorted earlier, you can take profit some of your positions and keep some until it hits full TP at $1,280.
If you are a speculator, now it is a good time to Long (buy) the market, but you must exit at $1,338 area; then switch to Short the market.
In general, when the market is in ranging, we can scalp it Up and Down.

Trade wisely, Trend is your friend.

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