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Tech Guy New Observation 9/6/22

I made a typo on the post tonight after the Crude Oil comment. Apologize for the oversight.


On another note, I previously had forgotten about the gap in Nov Soybeans down at 1344 created on July 25th - because I thought the 1385-1390 area would hold. As I've said before unfilled gaps are unfinished business and act as magnets.


The most likely scenario now that I look at it again is for this gap to be filled this week around the 1344 area - the area should also provide good fund buying support and a good place for longs. Wanted to relay this info in a timely manner. Please see the Nov Bean chart with areas highlighted.


Slight modification in Dec Corn - looking for it to trade down to 650-648 price level.