Tech Guy Soybean Continuation Chart Update 7/1/26

The soybean continuation chart rolled over to the November contract on Monday. Most of the fund money and big hedgers skip the August and September contracts because they are not significant or liquid enough. Continuation gaps in a normal carry market are almost always filled, as you see today's action accomplished just that.

Furthermore, the market generally continues trading in the direction of the gap, which was up. July has begun, expect some volatility in both directions in all grains. The trading day before and after the July 4th Holiday is historically known for big gaps/moves. Cover your bases.

Barley:

Barley was the first grain to be domesticated more than 10,000 years ago in Mesopotamia and Egypt. It became the staple crop for ancient civilizations.

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